FHA is seeking additional comments on its planned Payment Supplement Partial Claim program.

“We have shown it is possible to meet the mission while also being fiscally prudent and being a good steward of taxpayer funds,” said FHA Commissioner Julia Gordon.

The retail channel boosted its share of agency MBS business by 112 basis points to 48.9% in the third quarter.

The MBA and other trade groups are urging Senate and House leadership to make sure funding and authorization for the National Flood Insurance Program doesn’t lapse on Nov. 17.

Both FHA and VA volume in Ginnie MBS issuance declined on a monthly basis in October.

The total delinquency rate on mortgages in agency MBS stood at 2.83% as of the end of September, up from 2.60% at the end of June.

Both the FHA and VA programs saw increases, but the bulk of the growth in Ginnie issuance in the third quarter came from FHA loans.

Mortgage lenders delivered $282.16 billion of first-lien home loans into the agency secondary market during the third quarter of 2023, a modest 2.3% increase from the prior period, according to a new ranking and analysis by Inside Mortgage Finance.

In the conventional-conforming sector, the securitization rate rose to 71.4% from 68.8% as Fannie Mae and Freddie Mac churned out new MBS faster than the market was making new loans.

Delaware Supreme Court Chief Justice Collins Seitz wrote that ACE’s argument against making an insurance payout would effectively exclude “just about anything remotely connected to the professional service” from receiving insurance coverage.