Servicers of government-insured lending programs face new requirements from HUD to offer updated payment forbearance options to homeowners who faced financial difficulties during the pandemic.
FHA should offer borrowers a flexible loan-modification option that would use a portion of a servicer’s partial claim amount to reduce a borrower’s monthly payment, dollar for dollar, according to analysts at UI.
Mortgage industry participants are suggesting HUD temporarily redistribute underwriting workloads across regions based on the size of their respective pipelines.
Commemorating the 100th anniversary of the Tulsa Race Massacre, the White House announced the creation of a task force led by the housing secretary to root out discrimination in the appraisal and homebuying process.
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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