President Donald Trump has nominated Matthew Jones to serve as assistant secretary for housing at the Department of Housing and Urban Development, a position that carries the responsibilities of commissioner of the Federal Housing Administration. The nomination, sent...
VantageScore has announced the Federal Housing Administration (FHA) will begin accepting mortgage collateral backed by its VantageScore 4.0 credit scoring model starting on Jan. 1, 2027. The announcement follows this week’s declaration by Federal Housing Finance...
FICO (NYSE: FICO) has announced that its FICO Score 10T predictive credit score for mortgage lending, will be available for use by Federal Housing Administration (FHA)-approved lenders beginning Jan. 1, 2027. “FHA’s announcement provides valuable clarity...
Walker & Dunlop Inc. (NYSE: WD), the Bethesda, Maryland-headquartered commercial real estate finance and advisory services firm, announced that Frank Cassidy has rejoined the company as a senior managing director following his tenure as commissioner of the Federal...
The Department of Housing and Urban Development (HUD) has unveiled 14 policy changes to the Federal Housing Administration (FHA) Single Family mortgage insurance program that are designed to lower costs, reduce regulatory burdens, and improve affordability for...