The Department of Housing and Urban Development (HUD) issued new guidance that clarifies how appraisers are added to, maintained on and removed from the FHA Appraiser Roster. Mortgagee Letter 2025-24 — effective immediately — updates FHA policy to make appraiser eligibility easier to track and more consistent with federal and state licensing records. Changes apply […]
HUD tightens rules for FHA appraiser roster Read More »
A proposal to remove housing counseling as a front-end requirement for borrowers seeking government-insured reverse mortgages would eliminate a key consumer protection for seniors, according to Peter M. Mazonas, CEO of NatEquity Inc. Mazonas voiced his concerns in a letter to the U.S. Department of Housing and Urban Development. His comments came in response to
HUD reverse mortgage counseling removal risks senior protections Read More »
Ideas for reshaping the federally insured reverse mortgage program and its avenue for secondary market issuance is the hot topic of conversation for industry professionals in late 2025. And New View Advisors added to the discussion last week with a host of comments submitted to the U.S. Department of Housing and Urban Development (HUD) and
New View Advisors floats sweeping changes to HECM, HMBS programs Read More »
The Department of Housing and Urban Development (HUD) announced Thursday that it is opening an investigation into the city of Boston’s housing policies, examining perceived discrimination against white residents. In a letter to Mayor Michelle Wu, Craig Trainor — HUD’s assistant secretary for fair housing and equal opportunity — said city officials had prioritized people
The U.S. Department of Housing and Urban Development (HUD) is reopening the public comment period for a review of federal reverse mortgage programs, the agency announced Wednesday in the Federal Register. HUD previously issued a request for information in October, seeking input on the Home Equity Conversion Mortgage (HECM) and HECM Mortgage-Backed Securities (HMBS) programs.
HUD reopens reverse mortgage comment period Read More »
After federal housing leaders issued a request for information in October about the future of two key reverse mortgage programs, the National Reverse Mortgage Lenders Association (NRMLA) weighed in last week with a detailed list of suggestions. The trade group issued an 11-page letter to the U.S. Department of Housing and Urban Development (HUD) and
NRMLA speaks out on the future of federal reverse mortgage programs Read More »
House Democrats sent a letter Tuesday to the U.S. Department of Housing and Urban Development Secretary Scott Turner, asking him to rescind a recent decision that would slash funding for affordable housing programs. HUD’s Notice for Funding Opportunity for the Fiscal Year 2025 Continuum of Care Program, issued on Nov. 13, would cut support for
House Democrats urge HUD to reverse housing funds cut Read More »
The Trump administration has quietly dissolved U.S. DOGE Service — also known as the Department of Government Efficiency — according to multiple reports. “That doesn’t exist,” Office of Personnel Management (OPM) Director Scott Kupor told Reuters earlier this month when asked about DOGE’s status, adding that the department is no longer a “centralized entity.” In
DOGE may be dead, but its deregulatory housing agenda lives on Read More »
The Trump administration is preparing a major overhaul of its homelessness strategy, moving away from long-term housing support and reducing funding for those programs. The plan redirects Continuum of Care program resources toward short-term shelters that tie participation to employment and substance-abuse treatment. According to a statement from the U.S. Department of Housing and Urban
HUD announces drastic changes to homelessness strategy Read More »
The National Fair Housing Alliance (NFHA) reported that 32,321 housing discrimination complaints were filed nationwide in 2024 — one of the highest totals recorded across the past two decades. According to the report, disability-related discrimination accounted for the largest share of complaints at 54.6%, followed by cases based on race, national origin, sex, familial status
Fair housing complaints mount amid HUD staffing cuts Read More »