HUD wants to increase its outreach to community development financial institutions through more frequent training webinars tailored to teaching them how to join the FHA program.
Seeking to further advance the Biden’s administration housing agenda, the White House’s proposed budget allocation includes $11.6 billion more for HUD in fiscal year 2023.
Ginnie Mae’s cash holdings increased in fiscal year 2021, marking the sixth consecutive year of growth. The agency, which is largely operated by contractors, said it has adequate capital to withstand a downturn in the housing market.
In its fiscal 2021 annual report, Ginnie Mae updated investors on moving its staff to work from home during the pandemic and how it can mitigate future risks through its environmental, social and governance efforts.
Federal oversight is still needed to monitor the systemic risks to the housing-finance system, according to two separate reports from the Government Accountability Office and the Congressional Budget Office.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.
RSS