Government

The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced it has allocated $30.1 million in noncompetitive funding for HUD’s state and local fair housing enforcement agencies across the country under its Fair Housing Assistance Program (FHAP). The FHAP ...

Tapped by the Biden Administration as Acting Director nearly a year ago to the day, Sandra L. Thompson assumes responsibility for oversight of the $7.5 trillion mortgage finance market in an Agency ceremony.

Senators Warren and Reed reach out to HUD to assist in leveling the playing field between prospective homebuyers and large investors.

This month, DS News takes a closer look at protecting the American dream of homeownership, as a panel of industry experts in the property preservation and disaster recovery space share their insight in our June 2022 issue.

The House of Representatives passed HR 2543 by a vote of 215-207, legislation drafted to promote equity for underserved communities and increase access to safe and affordable financial services for all Americans.

May’s MBS issuance total brings Ginnie Mae’s MBS program balance to $2.216 trillion, the highest in the agency’s history.

Timothy A. Raty of Mortgage Cadence examines the history of precise business days and observed holidays, and the importance of the recent addition of Juneteenth to the calendar.

Breaking down communication barriers during the loss mitigation process is key for any servicer. Amy Neumann of Flagstar discusses how to establish and maintain these vital lifelines with struggling borrowers.

Three-quarters of a point. This is the amount the Federal Reserve chose to raise the nominal interest rate by citing the need to combat the highest rate of inflation since the 80s.  To put that another way, this is the ...

Fannie Mae announced that it has executed its sixth Credit Insurance Risk Transfer (CIRT) transaction of 2022. As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT ...