News & Analysis as of August 16, 2025

Affordable Housing

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The term "mortgage" typically refers to a mortgage loan. A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and... more +

Blacklisted Condos: A Growing Crisis for Owners and Buyers

DarrowEverett LLP on 3/25/2025

The blacklisting of condominium/condo associations by financial institutions and insurance providers has emerged as a pressing issue in the real estate finance and housing sector. This practice, which involves lenders or...more

FHA seeks comments on the proposed establishment of the optional reimbursement claim alternative mortgagee letter

Orrick, Herrington & Sutcliffe LLP on 1/13/2025

Recently, FHA’s Office of Single Family Housing included on its “Drafting Table” a request for stakeholder feedback on both a draft Mortgagee Letter establishing the Optional Reimbursement Claim Alternative Option (“ORCA”)...more

HUD’s Proposed ORCA Program – A New Option for Earlier Mortgagee Reimbursement

Bradley Arant Boult Cummings LLP on 1/10/2025

On December 19, 2024, the Fair Housing Administration (FHA) and the U.S. Department of Housing and Urban Development (HUD) published a draft Mortgagee Letter proposing a new Optional Reimbursement Claim Alternative (ORCA)...more

Orrick's Financial Industry Week In Review

Orrick, Herrington & Sutcliffe LLP on 3/16/2018

SEC Statement on Potentially Unlawful Online Platforms for Trading Digital Assets - On March 7, 2018, the Divisions of Enforcement and Trading and Markets of the Securities and Exchange Commission released a "Statement on...more

HUD’s Proposal to Terminate FHA Insurance Policies Could Terminate the FHA Program

K&L Gates LLP on 9/2/2015

If there is anything that galls servicers of government-insured loans, it is the forfeiture or curtailment of all accrued interest from mortgage insurance claims resulting from the failure to foreclose fast enough within...more

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