The FHA's Impact on Consumer Reporting Agencies – FCRA Focus Podcast
On May 18, FHA posted a draft Mortgagee Letter on its Single Family Drafting Table, proposing new requirements for determining borrower eligibility related to delinquent child support obligations subject to federal...more
On May 29, HUD issued a request for information (RFI) in the Federal Register, seeking public comment on modernizing FHA’s Minimum Property Requirements (MPRs) for single-family mortgage insurance programs. MPRs require that...more
The Federal Housing Administration (FHA) published a Request for Information (RFI) regarding Single Family Minimum Property Requirements (MPR) (Docket No. FR-6609-N-01) in the Federal Register for public comment on Friday,...more
On May 6, HUD issued a notice in the Federal Register, adjusting the basic statutory mortgage limits for multifamily housing programs for 2026. In accordance with Section 206A of the National Housing Act (NHA), HUD pegged the...more
On April 24, Ginnie Mae issued APM 26-06, announcing a temporary revision to its delinquency ratio calculations for compliance purposes. The change temporarily excludes loans on Trial Payment Plans (TPPs) from the delinquent...more
On April 28, HUD and USDA announced the rescission of an April 2024 final determination that required all new home construction to comply with the 2021 International Energy Conservation Code (IECC) as a condition of...more
The Ninth Circuit case United States ex rel. Thrower v. Academy Mortgage Corp. provides mortgage lenders, servicers, and other entities submitting claims for payment to the federal government an important reminder of how...more
On April 22, the FHFA and HUD jointly announced that the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, will begin accepting mortgage loans assessed using new credit score models — VantageScore 4.0 and...more
Mortgage lenders and other entities submitting claims for payment to the federal government should take note of recent case law from the Ninth Circuit emphasizing how private litigants continue to drive litigation under the...more
When the U.S. Senate passed the 21st Century ROAD to Housing Act (H.R. 6644) last week, it was by an 89–10 vote, which is an unusually strong bipartisan margin in the current Congress. Despite that vote, the bill's path to...more
HUD-insured multifamily loans remain one of the most stable sources of long-term financing for apartment, affordable housing, and healthcare projects, particularly during periods of market volatility and constrained...more
On January 22, 2026, the Federal Housing Administration (FHA) issued Mortgagee Letter 2026-02 (the “Mortgagee Letter”), which formalizes FHA’s policy requirements on the use of Declarations of Trust in connection with the...more
The U.S. Department of Housing and Urban Development (HUD) recently took concrete steps toward addressing industry concerns and uncertainty related to the Claims Without Conveyance of Title (CWCOT) foreclosure bidding...more
On October 2, HUD published a request for information (RFI) in the Federal Register seeking public comment on the current state of the Home Equity Conversion Mortgage (HECM) and HECM mortgage-backed securities (HMBS)...more
As the government shutdown drags on, some financial services programs—particularly housing programs– are being affected. ...more
In welcome news for the industry, lenders and developers, on September 23, 2025, the Federal Housing Administration’s (FHA) Office of Multifamily Housing Programs published a Federal Register final notice that reduces...more
On September 9, HUD issued a notice announcing revised interest rates for debentures issued in connection with loans or mortgages insured by the FHA under the National Housing Act....more
A federal judge has dismissed a high-profile case involving allegations that a home appraiser was racially biased in his appraisal. ...more
Last week, the Senate Banking Committee unanimously passed the ROAD to Housing Act of 2025. The legislation, designed to address affordability concerns and supply shortages in the housing market, is the first bipartisan...more
On July 10, HUD and the OMB announced two changes regarding federal housing policies: first, they terminated several FHA mortgagee letters regarding appraisals; and they disbanded the Property Appraisal and Valuation Equity...more
On July 10, the U.S. Department of Housing and Urban Development (HUD) and the Office of Management and Budget (OMB) jointly announced the effective disbandment of the interagency Property Appraisal and Valuation Equity...more
Recently the U.S. Department of Housing and Urban Development (HUD) rescinded various FHA mortgage loan requirements in a series of five Mortgagee Letters....more
On June 24, the Department of Housing and Urban Development (HUD) issued a Request for Information (RFI) to evaluate how Buy Now Pay Later (BNPL) loans may affect FHA-insured mortgage underwriting. The RFI seeks comment on...more
On June 24, the FHA within HUD issued an RFI seeking public input on the implications of Buy Now, Pay Later (BNPL) lending for housing affordability and stability. Through this RFI, the FHA will seek to better understand how...more
On May 19, it was reported that the FHA’s Office of Single Family Housing (OSFH) archived nearly 600 inactive mortgagee letters after determining that their inclusion on OSFH’s website caused confusion among lenders seeking...more