FHA Loans Drive Up Ginnie Issuance in May June 21, 2023 Monica Hogan Ginnie Mae MBS issuance increased by 3.3% on a monthly basis in May.Read More
Numerous Regulatory Changes Involving FHA in the Works June 20, 2023 Monica Hogan More than a dozen actions are planned in the coming months.Read More
Short Takes: FHA Offers Translated Docs / Redwood Cuts Dividend / Strong Demand for Change’s MBS / New Hire at Cenlar June 14, 2023 Brandon Ivey and Paul Muolo The translated documents include loan application materials, model documents and various disclosures...Read More
HUD Proposal on Property Standards in Floodplains Receives Mixed Reaction June 13, 2023 Monica Hogan Under the proposal, to qualify for an FHA loan, single-family homes within the 100-year floodplain would be required to be elevated an additional two feet above base flood elevation when they are newly built or substantially improved.Read More
HECM Lending Fizzles to Pre-Pandemic Levels June 6, 2023 Andras Malatinszky Production in the segment has been driven by three fluctuating macroeconomic forces: mortgage rates, inflation and housing prices.Read More
Congress Working on HUD Budget That Won't Outpace Inflation June 6, 2023 Monica Hogan Funding for the Department of Housing and Urban Development is expected to be remain static in 2024 compared to this year’s levels.Read More
Nonbank Ginnie Issuers Making Progress on Capital Requirements June 2, 2023 Monica Hogan Ginnie President Alanna McCargo is confident nonbanks will be able to meet pending capital requirements.Read More
Ginnie Working to Increase Participation by Smaller Lenders May 26, 2023 Monica Hogan Ginnie is expanding a working partnership with the Federal Home Loan Bank of Chicago.Read More
FHA Plans to Expand Loss-Mitigation Options May 25, 2023 Monica Hogan FHA's partial claim option isn’t working well enough, according to FHA Commissioner Julia Gordon.Read More
FHA Welcomes Increased Condo Lending May 25, 2023 Monica Hogan FHA last updated the rules for its condo approval process in late 2019 and encourages feedback from industry.Read More
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