The Department of Housing and Urban Development published a Request for Information in the Federal Register to obtain industry feedback on modernizing the department’s single-family minimum property requirements (MPRs). What’s next: NRMLA is … more HUD Seeks Input On Updating SF Property Requirements
Federal and State Regulations
FHA Streamlines Case Number Assignment Process for Condo Single-Unit Approval
The Federal Housing Administration is updating FHA Connection (FHAC) to simplify and speed up the process for assigning case numbers to units in condominium projects eligible for single-unit … more FHA Streamlines Case Number Assignment Process for Condo Single-Unit Approval
CFPB Settlement Checks Sent to HECM Borrowers
Reverse mortgage borrowers whose loans were previously serviced by HUD’s servicing subcontractor NOVAD Management Consulting, LLC may receive a reimbursement check in the mail resulting from a lawsuit … more CFPB Settlement Checks Sent to HECM Borrowers
Highlights From FHA’s Annual Report to Congress
For a fifth consecutive year, the Home Equity Conversion Mortgage portfolio had a positive economic value. That’s according to the Department of Housing and Urban Development’s 2025 Annual Report … more Highlights From FHA’s Annual Report to Congress
FHA Updates Appraiser Roster Policies and Procedures
The Federal Housing Administration published Mortgagee Letter 2025-24 to revise policies and procedures governing appraiser roster management within FHA Connection (FHAC). Why it matters: HUD says the updates … more FHA Updates Appraiser Roster Policies and Procedures
NRMLA Submits ECOA Comments to CFPB
On behalf of its members, NRMLA submitted comments to the Consumer Financial Protection Bureau concerning the CFPB’s proposed amendments to Regulation B, which implements the Equal Credit Opportunity … more NRMLA Submits ECOA Comments to CFPB
Senate Confirms Gormley, Cassidy Nominations
The Senate has just confirmed Joe Gormley (pictured left) as President of Ginnie Mae and Frank Cassidy as Assistant Secretary for Housing/Federal Housing Commissioner. “We applaud the Senate … more Senate Confirms Gormley, Cassidy Nominations
HECM Loan Limit Increasing to $1,249,125
The Federal Housing Administration announced that it will increase the maximum claim amount for Home Equity Conversion Mortgages in calendar year 2026 from $1,209,750 to $1,249,125 effective for … more HECM Loan Limit Increasing to $1,249,125
NRMLA Submits RFI Comments to HUD/GNMA
(Editor’s note: HUD announced that the RFI comment period was extended to January 5, 2026.) With input from NRMLA’s committees and executive leadership, NRMLA submitted a detailed comment … more NRMLA Submits RFI Comments to HUD/GNMA
HUD RIFs Reversed
President Trump signed into law a Continuing Resolution late Wednesday that funds most federal agencies, including the Department of Housing and Urban Development, through January 30, 2026. Why … more HUD RIFs Reversed
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