House scales back proposed VA mortgage fee hike
House lawmakers amend a veterans-related bill to avoid higher VA purchase loan fees while targeting refinance and assumption charges instead.
Government Lending
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NAMB urges FHA to end lifetime mortgage insurance rule
NAMB urges FHA to end its lifetime mortgage insurance rule, citing outdated policies and improved financial conditions for the MMI Fund.
Fannie Mae, Freddie Mac limit public housing data releases
Fannie Mae and Freddie Mac have stopped publishing key housing surveys and forecasts, raising transparency concerns for the mortgage market.
Fannie Mae names new head of single family and acting general counsel
Fannie Mae has promoted Jake Williamson and Tom Klein to lead its single-family business and general counsel’s office, respectively.
Fannie Mae names Peter Akwaboah as acting CEO
Fannie Mae appoints Peter Akwaboah as acting CEO, marking a significant leadership change as current CEO Priscilla Almodovar departs.
Fannie and Freddie waive some loan requirements amid shutdown
Government agencies and enterprises issued guidance on Wednesday for mortgage operations and servicing during the current government shutdown.
ADUs could remedy America’s housing crisis, but obstacles remain
Accessory dwelling units (ADUs) still need to overcome major hurdles, such as determining appraisal values and underwriting concerns.
VA’s John Bell III stepping into new role at Office of Mission Support
Patrick Zondervan, who has been at the VA for nearly 25 years, succeeds Bell as the executive director for the Loan Guaranty Service.
HUD offers foreclosure relief to Texans saddled by floods
The 90-day moratorium bars foreclosures on FHA-insured mortgages in Kerr County’s federally declared disaster area.
FHA seeks input on buy now, pay later lending
The Federal Housing Administration (FHA) has opened a request for information on buy now, pay later (BNPL) lending as it seeks to understand its implications for housing affordability and stability.