Frank Cassidy has announced he has stepped down as commissioner of the Federal Housing Administration (FHA) and Assistant Secretary for Housing. Cassidy joined the Department of Housing and Urban Development in April 2025 and was confirmed by the Senate as FHA...
The Department of Housing and Urban Development (HUD) has updated the environmental review requirements for multifamily housing development and lending. The updates, which were issued earlier this week through the Federal Housing Administration (FHA) via a Mortgagee...
NewDay USA, the West Palm Beach, Florida-headquartered mortgage lender focused on the veteran community, has hired Brian D. Montgomery as vice chairman of the company’s advisory board. Montgomery is the only individual to serve as commissioner of the Federal...
The Federal Housing Administration (FHFA) has released its Fiscal Year 2025 report on the state of the Mutual Mortgage Insurance Fund (MMI Fund), a $1.6 trillion single-family mortgage portfolio. According to the report, the MMI Fund’s Capital Ratio as of Sept. 30 was...
The US Senate confirmed President Trump’s nominees Joseph Gormley to become the next president of Ginnie Mae, Frank Cassidy as assistant secretary at the Department of Housing and Urban Development and commissioner of the Federal Housing Administration (FHA), and...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
