The Mortgage Bankers Association wants FHA to extend to all lenders certain documentation waivers recently made available to Reverse Mortgage Funding transferees.

Some federal agencies extend forbearance request deadlines; Guaranteed Rate ramps up reverse mortgage lending; Brewer, ME-based woman pleads guilty in VA home loan false statements case; Rural Housing Service sets timeline for 2023 housing preservation grant program.

Details were published in Mortgagee Letter 2023-08.

Given the current market liquidity conditions, FHA proposed expediting the processing of claims tied to its home-equity conversion mortgage program.

FHA is taking feedback through April 11 on a new draft mortgagee letter proposing policy changes to its home equity conversion mortgage program.

The top three HECM lenders in 2022: American Advisors, Mutual of Omaha Mortgage and Finance of America...

The reverse-mortgage market was virtually glowing last year, with production increasing 24.6% to a whopping $29.65 billion. But much of that activity was front-loaded in the first six months. (Includes three data charts.)

As part of its 2024 budget proposal, the White House has asked for a $20.6 million increase in funding for Ginnie Mae.

Policy changes could curb denial rates of Black applicants to FHA’s home equity mortgage conversion program, an Urban Institute report says.

White House releases budget request; MBA seeks clarifications from FHA on expanded COVID loss-mitigation options; MBA asks VA to consider appraisal-related policy reforms; HUD finalizes rule removing LIBOR as approved index for FHA ARMs; House bill seeks to make permanent mortgage insurance premium tax deduction.