Regulatory Affairs

Agency Updates + Regulatory Compliance Matters from Padgett 

HUD Withdraws Notice of Intent to Reorganize  and Revise Operating Model

Please note that previously published notice, HUD Notice of Intent to Reorganize HUD and Revise Field Operating Model, has been withdrawn by the Department as of 11:15 a.m. EST. Padgett Regulatory Affairs will continue to monitor for relevant...

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Withdrawn: HUD Notice of Intent to Reorganize HUD and Revise  Operating Model

Please note that the previously published notice, HUD Notice of Intent to Reorganize HUD and Revise Field Operating Model, below, has been withdrawn...

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FEMA Presidentially Declared Major Disaster Areas of September 1, 2026

Sharing that Major Disaster Declarations were declared as of September 1, 2026, for North Dakota, Hawaii, Kentucky, South Dakota, Missouri, Kansas,...

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FEMA Presidentially Declared Major Disaster Area for Indiana Declared as of August 25, 2026

Sharing that as of August 25, 2026, FEMA announced that federal disaster assistance is available to the state of Indiana to supplement recovery...

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Effective Immediately: VA Circular on Show Me Decision

VA has published Circular 26-26-2 entitled, “Terminating VA-Guaranteed Loans Where VA Has a Partial Claim Interest”. For mortgage servicers, this is...

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5 min read

2026 Federal Regulatory Agenda: Key Highlights and Upcoming Rules

Sharing that the 2026 Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions was published on July 3, 2026. The...

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HUD Housing Waivers and FEMA Disaster Declarations Update

Please see the recent regulatory updates below that Padgett Law Group wanted to highlight:

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HUD OIG Report: HUD Did Not Correctly Service all Due and Payable Partial Claims

On June 25, 2026, the Office of Inspector General for the United States Department of Housing and Urban Development published a Report entitled, “HUD...

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New FHA Mortgagee Letters: Key Updates and Changes

The following Mortgagee Letters were recently published, providing important updates on these key topics:

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VA Partial Claim Program and Updated Loss Mitigation Chapters Published

The VA released the final versions of Chapters 5 (Updated Loss Mitigation) and 22 (New Partial Claim Program) for the VA Manual 26-4, Servicer...

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