Speaking at a recent industry event, Montgomery called himself “cautiously optimistic” about the results of recent corrective actions within the HECM program.
Read More »Montgomery Addresses FHA’s Protection Plan/Inspector Regs Updates
With the release of two new HUD mortgagee letters, FHA Commissioner Brian Montgomery says the Administration is working to remove unnecessary barriers for lenders. Read more about the changes here.
Read More »What Is the State of the Union?
Here are some of the issues that were addressed by President Trump during his State of the Union speech and what they mean for housing.
Read More »A Win-Win for Borrowers and the FHA
The recent MMI Fund Annual Report published by the FHA highlighted how the CWCOT program was saving money for the agency and borrowers. Five Star Institute’s President and CEO, Ed Delgado makes a case for why certain tweaks to the FHA’s CWCOT program would benefit homeowners and the agency.
Read More »The State of FHA’s Mortgage Insurance Fund
Here’s why the FHA plans to keep the premium on its mortgage insurance fund despite a stellar year and the headwinds and opportunities it sees going for its mortgage offerings.
Read More »Montgomery Talks FHA Challenges and Goals
From challenges in updating technology and filling staff vacancies, to addressing falling minority homeownership rates, FHA Commissioner Brian Montgomery spoke to press Tuesday about the goals and challenges he’s facing after returning tom the agency.
Read More »500 Days: A Housing Industry Snapshot
Which rules and regulations have impacted the housing industry since the Trump administration came to power in January 2017? Click through to learn the impact of this administration’s legislation and nominations on the industry.
Read More »Five Star’s Ed Delgado: “Politics at Its Worst”
On Thursday, it was reported that U.S. Sen. Tammy Duckworth (D-Illinois) has placed a blanket hold on all nominations for vacant positions within the U.S. Department of Housing ...
Read More »HUD’s Carson on Mission to Empower
A dialogue with United States Secretary of Housing and Urban Development Dr. Benjamin Carson opened up the 2018 Five Star Government Forum in Washington D.C. Tuesday. Click through for full coverage from the event, which brings together leaders from both government and the housing industry.
Read More »Powell and Montgomery Noms Back on Track for Full Senate Vote
The Senate Committee on Banking, Housing, and Urban Affairs today met to revisit the nominations of Jerome Powell as Chairman of the Board of Governors of the Federal Reserve ...
Read More »