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Regulatory Requirements Housing Market Department of Housing and Urban Development

Ballard Spahr LLP

HUD Rescinds Various FHA Mortgage Loan Requirements

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Recently the U.S. Department of Housing and Urban Development (HUD) rescinded various FHA mortgage loan requirements in a series of five Mortgagee Letters....more

Troutman Pepper Locke

FHFA Director Pulte Terminates Mortgage-Related Special Purpose Credit Programs for GSEs

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In a significant policy shift under the Trump administration, the new Federal Housing Finance Agency (FHFA) Director Bill Pulte issued an order on March 25, 2025 terminating special purpose credit programs (SPCPs) supported...more

Ballard Spahr LLP

RAD for PRACs Notice Released for Public Feedback

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Earlier last week HUD released a draft section for the next revision of the RAD Notice for review and comment. This draft section addresses the implementation of “RAD for PRAC”,...more

Ballard Spahr LLP

HUD Publishes MTW Operations Notice and Request for First Round of New MTW Applicants

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HUD’s Moving to Work (MTW) Office has been busy! Earlier this month, HUD published for public comment a revised Operations Notice that will govern an expanded MTW program. ...more

Ballard Spahr LLP

Last Call! RAD Year End Closing Deadline Reminder

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July is right around the corner and we wanted to remind everyone of the HUD deadlines for closing RAD conversions by year end...more

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