FHA walked back appraisal policies introduced during the Biden administration that had aimed to counter the effects of discrimination in property valuations.
The HUD Office of Inspector General said Carrington and MidFirst improperly set FHA foreclosures in motion for borrowers who were still under review, and ultimately qualified for loss-mitigation options, placing unnecessary hardship on the borrowers and creating risks for HUD.
Continuing resolution holds funding for HUD at FY 2024 levels; Rural Development retracts authority for noncitizens to apply for single-family guaranteed loans; VA Loan Guaranty Service posts FAQs.
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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