Ginnie Mae issuance of single-family mortgage-backed securities declined 12.2% in the second quarter of 2022, as rising interest rates dragged the refinance market to new lows. (Includes four data charts.)
The Department of Housing and Urban Development’s latest regulatory agenda has more than a dozen items related to either FHA or tribal home loan programs, including some pending rulemakings.
FHA took new steps this week to help expand homeownership to borrowers whose work history and income took a hit earlier in the pandemic but are now stable.
Federal regulators have several mortgage-related regulatory revisions in the works, including standards for qualified mortgages and membership at the Federal Home Loan Banks.
Lender activity in FHA-insured reverse mortgages continued its upward trend in the first quarter of 2022, with some $8.38 billion of loans endorsed. (Includes three data charts.)
The U.S. Green Building Council applauded HUD’s proposal to require an Energy Star score of 75 or better to qualify for the mortgage insurance premium cut.
House committee marks up first-generation DPA bill; MBA asks FHA to clarify claims without conveyance of title program; FHA to host underwriting training webinar; Ginnie opens up digital collateral program; Ginnie extends temporary COVID-19 relief policies; HUD to host webinar on disaster recovery.