Monica Hogan

The Arkansas Republican is a former banker who served as deputy assistant secretary of the Treasury in the George H.W. Bush administration.

FHA is considering reimbursing servicers for tax and insurance advances earlier in the default process.

The final rule will allow lenders to disburse up to 1% of FHA-endorsed multifamily construction loan proceeds before borrower-provided funds are fully exhausted.

The MBA supports the new FHA proposal but wants more information on whether lenders need to keep additional reserves on hand.

ICE: The average rate-and-term refinancer had their previous mortgage for just 15 months prior to refinancing...

Gift funds from family accounted for more than half of DPA used by FHA borrowers in FY 2024.

The agency had never published its method of identifying servicing defects before.

To this point, FHA hadn’t published its method of identifying servicing defects before, except in draft form.

The plaintiffs contended that the new standards act as a deterrent to new construction and are in direct conflict with the current energy codes in the majority of jurisdictions around the country.

Trade groups and consumer advocacy groups sent comments to FHA on a draft proposal from late November introducing a permanent loss-mitigation waterfall.