MMI Fund Sees Strong Two-Year Recovery
November 20, 2014
In its 2014 Annual Report to Congress on the Financial Status of the FHA Mutual Mortgage Insurance Fund, HUD reported an impressive two-year gain of $21 billion dollars from a 2013 negative value of $16.3 billion to a 2014 positive value of $4.8 billion.
HUD Publishes ML on Financial Assessment
November 14, 2014
HUD has published two mortgagee letters that will help clarify the process for conducting financial assessments.
Federal Agencies Adopt Final "Skin in the Game" Securitization Rule
October 27, 2014
Federal regulators issued the final Risk Retention Rule as required by the Dodd-Frank Act.