This week, the Senate Committee on Banking, Housing and Urban Affairs will hold a hearing to discuss the nomination of Brian Montgomery as Deputy Secretary of the Department of Housing and Urban Affairs. Here's what else is happening in The Week Ahead.
Read More »Federal Housing Commissioner Montgomery Updates Congress
The Honorable Brian Montgomery, Commissioner of the Federal Housing Administration gave an update on the FHA at the close of 2019, with a focus on how the Administration is improving its ability to promote access to homeownership, particularly for underserved borrowers.
Read More »Where Mortgage Delinquency Rates Are Improving Most
Mortgage delinquency rates are now at their lowest level in 25 years, and according to new data, some loans are falling faster than others.
Read More »HUD’s Montgomery, Property Preservation Leaders Discuss Industry Challenges
Featuring insights from the Hon. Brian D. Montgomery and a host of industry leaders, here’s what was discussed at the 2019 National Property Preservation Conference on Monday.
Read More »Industry Impact: HUD to Address FHA Regulation
Industry sources confirmed to DS News that HUD will soon have greater oversight over claims and decision-making authority as to disciplinary actions instigated in relation to the False Claims Act.
Read More »Helping Homeowners Through Foreclosure Reform
Critics say existing policies may be driving foreclosures in the City of Brotherly Love. Here are the reforms being proposed to try to assist struggling homeowners.
Read More »DTI’s Ties to Mortgage Default Rates
The FHA has signaled that it may tighten credit, noting that the debt-to-income (DTI) ratio for FHA-insured loans has been consistently increasing for six years. In a new report, find out just how much DTI impacts defaults and repayments.
Read More »How Effective Is FHA’s Distressed Asset Stabilization Program?
A study examined the FHA’s program for distressed assets and the ways in which it could be improved. Here’s what it recommended.
Read More »Waters: FHA ‘Acted in Haste’ on Distressed Assets Program
Maxine Waters, Congresswoman and Chairwoman of the House Financial Services Committee, said the Federal Housing Administration (FHA) “acted in haste” in its creation of the Distressed Asset Stabilization Program (DASP), according to a statement from the Committee. The Committee said ...
Read More »Impact of the Economy on Default Risks
A new index assessing the risk of default for government-backed mortgages revealed the correlation between the current economic conditions and borrower risks.
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