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71 71 71 INVESTMENT GOVERNMENT PROPERTY PRESERVATION Journal Follow Us At: @DSNewsDaily include homeownership, financial literacy and planning, rental housing, foreclosure avoidance and eviction prevention, reverse mortgages, and housing stability. e tele- phonic search capability offers translation services in more than 250 languages. • In June 2021, FHA announced updates to its student loan monthly payment calcula- tions to remove barriers and provide more access to affordable single-family FHA-in- sured mortgage financing for creditworthy individuals with student loan debt. e new policy more closely aligns FHA student loan debt calculation policies with other housing agencies by basing the monthly payment on the actual student loan payment, which is often lower, and helps home buyers with student debt to meet minimum eligibility re- quirements for an FHA-insured mortgage. • In November 2022, Secretary Marcia L. Fudge hosted "e HUD House Party," a program to advertise HUD's programs to make homeownership attainable and ac- cessible. e program had more than 4,000 viewers across social media and attracted the public to programs like FHA-insured mort- gages, housing counseling, and responses to housing discrimination. "Ensuring a robust FHA program that pro- tects taxpayers and offers affordable homeown- ership opportunities for families in underserved communities is important, and we will work with the Biden administration and Congress on policies that have the greatest impact on borrower affordability and sustainability," added Mortgage Bankers Association (MBA) Presi- dent and CEO Bob Broeksmit, CMB. Ginnie Mae President Alanna McCargo noted, "is action can put homeownership in reach for more home buyers by lowering housing costs and making it more attainable, especially for low- and moderate-income households. A reduced annual MIP increases affordability and provides payment savings amidst rising costs of housing and high market interest rates."

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