The Consumer Financial Protection Bureau today published a Request for Information in the Federal Register seeking public feedback on the effectiveness of TILA-RESPA Integrated Disclosures (TRID), the right … more CFPB Seeks Input on Reverse Mortgage Disclosures
Federal and State Regulations
FHA Transitioning to Uniform Appraisal Dataset 3.6 Standard
The Federal Housing Administration announced updates related to its transition to the modernized Uniform Appraisal Dataset 3.6 (UAD 3.6). Details were provided in FHA INFO 2026-15. These changes … more FHA Transitioning to Uniform Appraisal Dataset 3.6 Standard
NRMLA Recommends Improvements to HUD’s Minimum Property Requirements
In response to a recent Request for Information, NRMLA submitted comments to the Department of Housing and Urban Development recommending updates to the agency’s Minimum Property Requirements (MPRs). … more NRMLA Recommends Improvements to HUD’s Minimum Property Requirements
HUD Issues Waiver For Judicial Foreclosures in WA State
In response to a request from NRMLA, the Department of Housing and Urban Development issued a waiver allowing mortgagees servicing HECMs in Washington State to proceed with judicial … more HUD Issues Waiver For Judicial Foreclosures in WA State
FHA Updates Appraisal Review Requirements
The Federal Housing Administration announced that it’s making field reviews an optional component of the appraisal quality control (QC) process. Details were provided in Mortgagee Letter 2026-10, which … more FHA Updates Appraisal Review Requirements
HUD Seeks Input On Updating SF Property Requirements
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
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