MBA President and CEO Bob Broeksmit, CMB, released a statement after the full Senate’s confirmation of Travis Hill as Chairman of the Federal Deposit Insurance Corporation; Frank Cassidy as Assistant Secretary, Department of Housing and Urban Development and Federal Housing Administration Commissioner; and Joe Gormley as President of Ginnie Mae.
Tag: Joe Gormley
MBA Supports Nominations of Joe Gormley, Frank Cassidy to Lead Ginnie Mae and Federal Housing Administration
MBA President and CEO Bob Broeksmit, CMB, released two statements over the weekend supporting the nomination of Joe Gormley to serve as President of Ginnie Mae and Frank Cassidy to be Commissioner of the Federal Housing Administration.
FHA Proposes Private Flood Insurance Option for Single-Family Mortgages
The Federal Housing Administration last week published a proposed rule to allow a private flood insurance option, instead of insurance through the National Flood Insurance Program, when flood insurance is required by FHA.
Carson: FHA Will Extend Forbearance Requests Through Year-End
HUD Secretary Ben Carson announced the Federal Housing Administration will extend the date for single-family homeowners with FHA-insured mortgages to request an initial forbearance from their mortgage servicer for up to six months.
FHA Proposes Streamlined Single-Family Servicing Policies; CFPB Touts Benefits of Credit Builder Loans
The Federal Housing Administration last week published proposed revisions to its Single-Family servicing policies, designed to remove “unnecessary barriers” for homeowners seeking mortgage payment relief, achieve operational consistency with industry standard best practices and reduce burdens incurred by the industry when servicing an FHA-insured mortgage portfolio.