U.S. Department of Housing and Urban Development (HUD)

HUD says FHA lenders will continue using three-bureau credit reports even as the agency adopts newer scoring models aimed at increasing competition and modernizing mortgage underwriting

Rocket says the updated scoring model incorporates rent, utility, and telecom payment history to create a more inclusive view of creditworthiness

Builder activity jumps in the near term, but falling permits and weaker completions point to a choppier supply outlook ahead

Proposed rollback of gender identity protections may ripple into FHA lending, documentation stability, and fair lending exposure

MBA backs move, warning prior policy raised construction costs and restricted financing for new homes

Delegated underwriting and new borrower portal aim to speed closings, reduce friction, and expand access to credit without changing program rules