FHA Catalyst activates new mortgagee administrator role; VA increasing aggregate loan guarantee funding for specially adapted housing; Ginnie Mae to adopt blockchain technology; VA to hike fines for lenders that make false loan guarantee certifications.

Foothill Ranch, CA-based loanDepot is in the process of overhauling its servicing operations. On the way out: subservicing vendors.

Vacant loan sale held by HUD; FHA extends comment deadline on servicing defect taxonomy; VA policy agenda includes plans to finalize a rule for cash-out refis; VA informs on certain appraisal policies; Ginnie Mae reminds issuers to complete renewals or certifications for master agreements; Ginnie revises definition of high-balance loan limits.

FHA/VA loans in COVID-19-related forbearance continue to drop; VA updates eligibility rules on specially adapted housing grants; HUD plans a fair housing event; Ginnie non-agency early buyout securitization planned; VA to host advisory committee meeting on homeless veterans.

FHA lenders have until Dec. 31 to comply with new changes to financial requirements for mortgagee eligibility.

With the London Interbank Offered Rate set to be discontinued, HUD issued a request for comments regarding FHA ARMs.

A Delaware Superior Court ruled that ACE American Insurance Co. must advance nearly $18 million to Guaranteed Rate on a claim the lender filed for defense costs related to allegations it violated the False Claims Act.

Key metrics reviewed in HUD’s single-family default monitoring system showed that residential servicers generally complied with HUD’s forbearance reporting requirements for FHA loans.

The Federal Agricultural Mortgage Corp. has acquired the servicing rights for all loans in its Farm & Ranch and USDA Guaranteed portfolios.

Two waivers address concerns that requiring re-reviews of which borrowers were eligible for foreclosure prevention options could take focus away from loss-mitigation efforts.