Beginning Dec. 1, VA is increasing the appraisal fees of residential mortgages in its loan guarantee program in response to unprecedented demand for appraisal services.

The spending bill would direct $300 million for HUD information technology systems, including those that support FHA mortgage insurance programs and grant programs.

FHA Principal Deputy Assistant Lopa Kolluri discussed the home equity conversion mortgage program and return-to-work at the National Reverse Mortgage Lenders Association’s annual convention.

While FHA plans to provide low-cost financing for borrowers mitigating climate hazard, Ginnie said it will consider backing housing programs with environmental, social and governance innovations.

During her Senate confirmation hearing, Alanna McCargo, the nominee for Ginnie Mae president, pledged to ensure loss-mitigation tools remain protective as borrowers continue to exit forbearance programs.

FHA extended forbearance by another six months on recent additions to the recovery program and proposed a 40-year loan modification as a loss-mitigation option.

Officials from VA and Ginnie Mae detail plans to modernize technology systems to better serve borrowers, investors and regulators.

The Mortgage Bankers Association and the Housing Policy Council seek clarification on recent updates to FHA’s single-family handbook.

HUD releases climate adoption and resilience plan; FHA seeks feedback on HECM-related changes to its single-family housing policy handbook; HUD awards loan servicing contract; FHA is hiring.

During a recent conference, officials from government agencies spoke about their responses to the COVID-19 pandemic and the top challenges facing them next year.