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The Department of Housing and Urban Development (HUD) has announced changes in the interest rates for debentures associated with loans or mortgages insured by the Federal Housing Administration. For the period starting January 1, 2021, debentures issued under one section of the National Housing Act will have an interest rate of 3/4 percent, and under other sections, the rate is 1 3/8 percent. The rates are determined based on when the loan or mortgage was committed or endorsed and have been approved by the Secretary of the Treasury. The notice outlines these interest rates and provides instructions for insurance claims paid in cash.

The Department of Housing and Urban Development (HUD) is asking for public feedback on its Energy Efficient Mortgage (EEM) Program. They are seeking approval from the Office of Management and Budget (OMB) for collecting information to determine if mortgages qualify for insurance under specific energy efficiency guidelines. HUD is interested in comments on whether the information collection is necessary, as well as suggestions to improve the process. Public comments are due by January 10, 2025.

The Department of Housing and Urban Development (HUD) is seeking approval from the Office of Management and Budget (OMB) for a collection of information to continue designating appraisers and collecting appraisal reports. This is part of the process to ensure accuracy in mortgage insurance under the Federal Housing Administration (FHA), particularly for buyers with limited income and low property equity. HUD is inviting public comments on the necessity, accuracy, and methods of this information collection by February 25, 2025. The collection aims to uphold the quality of appraisals and provide information to potential homeowners about the benefits of independent home inspections.