Housing Wire

JUNE 21, 2022

As someone who spent a career in the title insurance industry – both as a builder of a title business and leader of the industry’s trade group, — I am proud of the role we play in helping to protect what most Americans consider the biggest purchase of their lives. Why is a title search necessary for refinancing?

Insurance 518

Insurance Easement Real Estate Investing 518

Housing Wire

JANUARY 18, 2024

Ted Tozer, former president of Ginnie Mae during the Obama administration and current president Alanna McCargo’s most recent Senate-confirmed predecessor, applauded the news that the company is looking into the development of a new Home Equity Conversion Mortgage (HECM)-backed Security (HMBS) product. That’s all it says.”

Development 448

Development Government Insurance Mortgage 448

Housing Wire

JULY 19, 2024

Late last month, Ginnie Mae released a term sheet for one of the most anticipated new developments for the reverse mortgage industry — a new Home Equity Conversion Mortgage (HECM)-backed Securities (HMBS) product referred to as “ HMBS 2.0.” To get a better idea of the potential impact that HMBS 2.0

Development 459

Development Mortgage Design Government 459

Housing Wire

APRIL 2, 2025

Milligan will focus on the wider deployment and development of SecureEquity , the proprietary reverse mortgage product announced by the company on Tuesday. Terms of the product are broadly similar to those that govern the Federal Housing Administration s Home Equity Conversion Mortgage ( HECM ) loan.

HOA 339

HOA Property Taxes Insurance Government 339

Housing Wire

MARCH 24, 2022

The Federal Housing Administration insured thousands of mortgages in 2020 without the mandatory flood insurance coverage. billion, an audit released this week by the Department of Housing and Urban Development Office of Inspector General found. FHA does not permit borrowers to opt for private flood insurance.

Insurance 397

Insurance Mortgage Government Development 397

Appraisal Buzz

FEBRUARY 4, 2025

These areas have seen increases in severe weather exposure and insurance costs, resulting in a steady increase in the overall cost of homeownership. Insurance cost acceleration relative to home appreciation: Insurance costs are rising dramatically faster than mortgage payments. million in 2025. million in 2025.

Real Estate 391

Real Estate Marketing Insurance Property Taxes 391

Housing Wire

SEPTEMBER 20, 2023

The same home insurance scenario being played out in states like Florida and California due to elevated risk of natural disasters is becoming more pronounced in the Pacific Northwest according to a new report from the Seattle Times. No violation found.”

Insurance 435

Insurance Law Construction Government 435

Housing Wire

SEPTEMBER 15, 2023

government is seeking to sell $13 billion worth of mortgage bonds amassed after the failures of both Silicon Valley Bank (SVB) and Signature Bank earlier this year. The bonds are secured by “long-term, low-rate” loans made primarily to developers of low-income multifamily apartment complexes.

Government 448

Government Mortgage Insurance Investors 448

Housing Wire

JUNE 30, 2023

million to settle allegations that it improperly originated and underwrote mortgages insured by the Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) programs. Like its peers, Movement has the authority to originate and underwrite loans without first having the government review them. FHA is part of the HUD.

Government 397

Government Insurance Mortgage Legal 397

Appraisal Buzz

OCTOBER 11, 2024

Department of Housing & Urban Development (HUD) will co-host the “Mortgage Market Resilience and Access to Credit Summit” on Tuesday, October 15 at HUD’s headquarters. Ginnie Mae and the U.S. Census Bureau Manufacturing and Trade Inventories (Thursday) U.S.

Marketing 370

Marketing Mortgage Finance Retail 370

Appraisal Buzz

NOVEMBER 26, 2024

Regulatory Developments: Key updates on policy changes and new regulations affecting industry compliance and operations. Dr. Conerly’s analysis included interest rates, inflation, and the Federal Reserve’s strategic direction, with insights into consumer behavior, government spending, and construction.

Real Estate 367

Real Estate Tenants Insurance Construction 367

Housing Wire

NOVEMBER 2, 2021

In 2013, the Federal Housing Administration (FHA) began requiring borrowers to pay the Mortgage Insurance Premium (MIP) for the life of an FHA loan. People have equated FHA insurance to that of private mortgage insurance used by the government-sponsored enterprises (GSEs), which is not life-of-loan.

Insurance 397

Insurance Mortgage Development Valuation 397

Housing Wire

OCTOBER 13, 2022

Prior to the advent and widespread use of title insurance, before taking title to a property, the buyer required that the title be free of any rights, interests, liens or encumbrances of others for which the buyer would be responsible for. We haven’t seen any real data based on the conversation that it is going to save money.

Insurance 416

Insurance Legal Legal Fees HOA 416

Appraisal Buzz

JULY 24, 2024

These factors, along with an increase in the population in high-risk areas, have made the market unstable and made it difficult for insurers to make ends meet. The average number of house insurance quotations accessible per person nationwide decreased by 27% between June 2023 and June 2024, partly due to regulatory obstacles.

Insurance 370

Insurance Buyers Marketing Business 370

Appraisal Buzz

FEBRUARY 25, 2025

FinRegLab analyzed this situation in a new report to see how automating and updating federal insurance programs to make them home only might ease some of the strain of the affordable housing crisis. Increasing access to affordable home-only loans is an important strategy for addressing the housing crisis, said FinRegLab CEO Melissa Koide.

Modernization 221

Modernization Finance Insurance Government 221

Housing Wire

MARCH 7, 2025

Department of Housing and Urban Development (HUD) is considering employing cryptocurrency and blockchain technology to monitor the employment of agency grants, which some staffers believe could be a trial run for wider deployment of the technology across the federal government.

Technology 329

Technology Government Law Insurance 329

Housing Wire

JULY 12, 2024

It accused the lender of ”forging certifications and using unqualified underwriters to approve Federal Housing Administration (FHA) insured Home Equity Conversion Mortgages (HECM),” according to the original announcement. But by failing to develop causation evidence, the DOJ is now limited to seeking only civil penalties against Nutter.

Government 447

Government Insurance Development Law 447

Appraisal Buzz

MARCH 5, 2025

Each offers their opinions on recent government and policy shifts, ways in which they will impact the real estate market, and how shifting economic conditions and new regulatory developments could affect U.S. Q: Insurance issues are hot right now. borrowers, and growing membership in the group.

Legal 221

Legal Insurance Law Lending 221

Housing Wire

MAY 15, 2024

The Community Home Lenders of America (CHLA) on Wednesday released a plan that it says would “modernize” Ginnie Mae , the government-owned company that manages the securitization of government-sponsored loans. This undermines Ginnie Mae’s ability to run a market-driven program.” This recommendation is based on two other ideas.

Modernization 457

Modernization Government Contracts Insurance 457

Housing Wire

APRIL 1, 2025

Department of Housing and Urban Development (HUD) this week unveiled a new website, explaining that as much as 90% of the material from the former site has been cut to eliminate redundancies and streamline the user experience. The website for the National Servicing Center remains accessible via its existing web address.

Modernization 269

Modernization Insurance Technology Design 269

Housing Wire

AUGUST 13, 2024

Influential housing nonprofit Enterprise Community Partners this week submitted a comment letter to the Federal Housing Finance Agency (FHFA) regarding the Duty to Serve (DTS) plans submitted by the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.

Insurance 448

Insurance Modernization Finance Government 448

Housing Wire

MARCH 5, 2024

Department of Housing and Urban Development (HUD) and state and local housing finance agencies,” according to the announcement. The third provision is an extension of the support from the Federal Financing Bank (FFB) for “a risk-sharing initiative between the U.S.

Insurance 493

Insurance Construction Government Design 493

Housing Wire

JANUARY 5, 2021

Conventional loans aren’t insured by the government but are backed by private lenders. That said, because conventional loans aren’t guaranteed by the government, they are usually harder to qualify for. These insured loans are a type of federal assistance and require as little as a 3.5% For example: Typical down payments.

Insurance 546

Insurance Government Buyers Real Estate 546

Housing Wire

JULY 17, 2024

Department of Housing and Urban Development (HUD) on Wednesday proposed a new rule that would implement a permanent program to sell seriously delinquent single-family mortgages insured by the Federal Housing Administration (FHA).

Mortgage 464

Mortgage Government Insurance Development 464

Housing Wire

FEBRUARY 26, 2024

The cost of homeowners insurance has surged in Florida as insurance companies have grappled with significant losses due to an increase in natural disasters. And homeowners insurance costs are three times higher in Florida than the national average.

HOA 501

HOA Law Insurance New Listings 501

Appraisal Buzz

OCTOBER 23, 2024

According to the survey’s findings, more local community developers who buy at auction see the state of the market as a disadvantage rather than an advantage. The survey was conducted between Sept. 25 and 27 and received responses from more than 140 people who have purchased properties on Auction.com.

Retail 370

Retail Marketing Inventory Buyers 370

Housing Wire

JUNE 5, 2024

Department of Housing and Urban Development (HUD) this week announced the launch of a new program designed to allow for the purchase, refinance or renovation of manufactured housing under a loan program sponsored by the Federal Housing Administration (FHA).

Government 529

Government Finance Renovations Design 529

Housing Wire

SEPTEMBER 10, 2022

The loan program uses credit guidelines based on factors such as timely rent, utility bill, phone, and auto insurance payments. In December, the Department of Housing and Urban Development released guidance that SPCPs would not violate the Fair Housing Act, which has long discouraged creditors from developing programs.

Insurance 448

Insurance Development Finance Government 448

Housing Wire

JANUARY 15, 2025

Department of Housing and Urban Development (HUD) assistance is poised to lose his benefits on Jan. Prior to the 2023 incident, Kemp explained that his health provider began requiring only private insurance, which prevented him from getting prescriptions. An Elkhart, Indiana , resident who is a beneficiary of U.S.

Law 370

Law Legal Insurance Government 370

Housing Wire

AUGUST 6, 2024

Department of Housing and Urban Development (HUD), the FHA and the government-sponsored enterprises (GSEs) in collaboration with the Federal Housing Finance Agency (FHFA) — was designed to ”develop an aligned approach for both FHA-insured mortgages and those purchased or guaranteed by” the GSEs, HUD explained.

Reconsideration of Value 448

Reconsideration of Value Appraisal Design Valuation 448

Housing Wire

MARCH 29, 2024

The Federal Home Loan Bank system is made up of 11 regional banks that pass on discounted loans to their membership of banks, credit unions, and insurance companies. in government subsidies. Through these payouts, FHLBanks are redistributing a public subsidy as a profit to banks and insurance companies. billion dollars(!)

Government 468

Government Insurance Development Finance 468

Housing Wire

APRIL 19, 2022

Servicers for FHA-insured mortgages can offer the modification immediately, according to the latest update to FHA’s mortgage lending policies. The Department of Housing and Urban Development said that the implementation of such an option could prevent “several thousand borrowers a year from foreclosure.”

Insurance 508

Insurance Development Mortgage Government 508

Housing Wire

OCTOBER 18, 2023

Department of Housing and Urban Development (HUD), Julia Gordon. “We’re hoping to have a final policy [for the payment supplement partial claim] out before the end of the year, although I will say keep your fingers crossed that we don’t face any lapse in appropriations that would shut down the government.”

Mortgage 459

Mortgage Government Insurance Tools 459

Appraisal Buzz

OCTOBER 1, 2024

Last year, National General Lender Services published an article highlighting that secondary perils, such as severe convective storms, wildfires, and river floods, are significantly impacting the insurance industry. Coupled with reforms in the state’s insurance code, the Florida insurance market is moving toward a more stable foundation.

Insurance 221

Insurance Marketing Law Modernization 221

Housing Wire

MAY 20, 2024

Department of Housing and Urban Development (HUD) on Monday published a new version of its Single Family Housing Handbook 4000.1, In a section governing the processes of a financial assessment, certain definitions have been updated, including those for “effective income” (i.e.,

Reconsideration of Value 459

Reconsideration of Value Mortgage Inspection Insurance 459

Housing Wire

FEBRUARY 7, 2024

1, 2023, the jointly development Uniform Property Dataset (UPD) for the government-sponsored enterprises (GSEs) became active and included a data standard for condos, according to the Selling Guide. Lenders must be in compliance with these property insurance updates for all loans with application dates on or after June 1, 2024.

Retail 476

Retail Project Management Insurance Landlords 476

Housing Wire

JULY 18, 2022

The Federal Housing Administration ’s (FHA) decision to withhold a mortgage insurance premium cut has confounded mortgage policy experts and industry stakeholders. The connection between the upfront, annual and life-of-loan fees FHA borrowers pay and funding for, say, community development block grants, is not immediately apparent.

Insurance 468

Insurance Transportation Mortgage Government 468