Tag Archives: HUD

HUD issues proposal for 40-year modifications

The Department of Housing and Urban Development has formally proposed to amend regulations to accomodate 40-year modifications that Ginnie Mae has been preparing to securitize. The proposal, published Friday in the Federal Register, calls for the modifications of Federal Housing Administration-insured mortgages to be structured somewhat like those available for loans other agencies oversee. Forty-year […]

HUD will get $65.7 billion spending budget in 2022 omnibus bill

“In general, the bill’s funding levels represent a compromise between the higher amounts of the administration request and House bill and the lower amounts of the Senate bill, providing most HUD programs with increases from last year,” Peter Lawrence, director of public policy and government relations at Novogradac, wrote in a blog post. However, Lawrence […]