Congress extends NFIP through Feb. 2, 2024; FHA proposes updated home equity conversion mortgage assignment claims eligibility policy; FHA extends waiver on face-to-face interviews with distressed borrowers; VA extends foreclosure moratorium for Hawaii wildfires; HUD OIG reports on HUD’s top management challenges.
The counterparty risks that nonbanks pose to Ginnie Mae are among the Department of Housing and Urban Development’s top management challenges, according to HUD’s IG.
“We have shown it is possible to meet the mission while also being fiscally prudent and being a good steward of taxpayer funds,” said FHA Commissioner Julia Gordon.