Officials from FHA, VA and USDA’s Rural Housing Service recently discussed how to help borrowers through the challenges of today’s volatile housing market.

The government home loan programs from FHA, VA and USDA still have work to do in their efforts to upgrade mortgage technology.

A recently introduced bill, the Improving Access to the VA Home Loan Act, would direct VA to update regulations on home appraisals.

The government housing agencies have updated their frequently-asked-questions pages to assist servicers handling borrowers whose applications for relief under the Homeowner Assistance Fund are pending.

Some 50% of active-duty servicemembers surveyed believe they can use a VA home loan only once.

FHA and VA delinquencies among Ginnie servicers continued to drop from their pandemic peaks during the first quarter of 2022. Three of the top five servicers increased their government-insured servicing portfolio. (Includes four data charts.)

VA lenders can now upload the closing and loan application datasets for loans selected for VA full-file loan review.

Leslie Rouda Smith of the National Association of Realtors and John Bell of the Department of Veterans Affairs partnered on two training videos to increase awareness of the benefits of the VA home loan program.

Veterans still recovering from the financial impact of the pandemic are tapping into home equity, according to ClearPath Lending officials.

A common pleas court has ruled that Ohio’s Servicemembers Civil Relief Act does not protect active servicemembers from home loan interest rates above 6%, according to attorneys representing the defendant.