The HUD Job is Settled. Next Up: Chiefs of FHA and Ginnie December 11, 2020 Paul Muolo The incoming Biden administration has picked a HUD secretary, legislator Marcia Fudge. Next up: the FHA and Ginnie Mae jobs.Read More
Biden Taps Former Obama Chief of Staff to Head VA December 11, 2020 Dennis Hollier McDonough will head the second largest federal agency, with more than 400,000 employees and a $200 billion budget.Read More
New FHA/VA Loan Limits Coming Soon November 25, 2020 Dennis Hollier New FHA and VA loan limits for 2021 will be released on Dec. 2. Read More
Mayor Pete for HUD Secretary? Ginnie Chief Departs November 13, 2020 Paul Muolo A new president in the White House means a changing of the guard at HUD, FHA and Ginnie. The candidates are... Read More
OIG: HUD Failed to Provide Accurate Relief Information October 2, 2020 Maria Volkova An internal audit found HUD staff failed to provide servicers and borrowers with accurate information about pandemic-related relief. Read More
Dana Wade Confirmed as FHA Commissioner August 7, 2020 Maria Volkova In a 57-to-40 vote, the Senate confirmed Trump nominee Dana Wade as FHA commissioner. She replaces Brian Montgomery.Read More
COVID-19 Infection at BNYM Delays Ginnie Custodial Transfers June 26, 2020 Paul Muolo BNY Mellon told MBS participants that deals will be delayed because of a COVID-19 infection in its Dallas office. Read More
HUD-IG Criticizes Reporting Policies Under FHA-HAMP June 26, 2020 Maria Volkova FHA policies on reporting of loan mods and for filing partial claims under HAMP were void of deadlines, the HUD-IG told Congress. Read More
HUD-IG Says Telework Had Little Impact on Operations June 12, 2020 Maria Volkova HUD's internal watchdog found employees were able to quickly adapt to working from home and perform essential functions. Read More
NCLC Urges HUD to do More for Reverse Mortgagors April 3, 2020 Maria Volkova The NCLC has urged HUD to extend the moratorium for reverse-mortgage borrowers by another six months. Read More
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