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HUD Updates 14 FHA Policies in Move to Improve Affordability

by Phil Hall | Jun 23, 2026 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Frank Cassidy Steps Down as FHA Commissioner

Frank Cassidy Steps Down as FHA Commissioner

by Phil Hall | Jun 5, 2026 | Current News & Events, Real Estate News, WRE News Exclusive

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...

HUD Revises Environmental Review Requirements for Multifamily Developments

by Phil Hall | May 8, 2026 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
Former FHA Commissioner Brian D. Montgomery Joins NewDay USA as Vice Chairman

Former FHA Commissioner Brian D. Montgomery Joins NewDay USA as Vice Chairman

by Phil Hall | Feb 27, 2026 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

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...
FHA Releases MMI Fund Report for FY 2025

FHA Releases MMI Fund Report for FY 2025

by Phil Hall | Dec 31, 2025 | Current News & Events, Mortgage Information, Real Estate News, WRE News Exclusive

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...
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