The Senate Banking Committee has advanced Brian Montgomery’s nomination for HUD deputy secretary. Five Democrats opposed the nomination.

A revised version of HUD’s defect taxonomy includes new definitions of severity tiers, causes and sources for each defect category.

There is optimism that the forthcoming FHA annual report on the health of the Mutual Mortgage Insurance Fund will bear encouraging news, according to one analyst.

The U.S. Senate approved fiscal 2020 spending packages for government agencies. Some $400 billion has been set aside for new guarantees on FHA single-family mortgages.

HUD is seeking feedback on proposed revisions to loan-level certifications, which would reflect FHA’s statutory and regulatory requirements.

HUD Secretary Ben Carson faced the ire of House Democrats over delays in sending disaster recovery funds to Puerto Rico and issues related to disparate impact and risk-based pricing.