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.
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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.
FHA rescinds 12 policies as Trump administration pushes to cut red tape
Scott Turner, the secretary of the U.S. Department of Housing and Urban Development (HUD), which oversees the FHA, said in a statement that the rescissions are “bold, necessary and long overdue.”
HUD approves Asheville’s hurricane recovery plan after initial objection over DEI
The city’s $225M recovery plan, initially rejected by HUD over DEI concerns, is one step closer to being fulfilled.
HUD secretary open to withholding federal funding from cities over homelessness
Turner said that withholding federal funds from cities failing to show progress on homelessness “may be a good idea.”