Industry watchers predict FHA premiums will be cut by 25 basis points in the coming weeks. An even bigger cut is possible later in the year.

The forbearance reading for portfolio loans and private label securities worsened, increasing by 26 basis points to 8.94% as of Jan. 17.

The ban on evictions and foreclosures has been extended through March 31.

As of March 31, 2020, there are 643,430 active DACA recipients, who can now receive an FHA-insured mortgage.

A sign of trouble ahead: December job losses, mainly in the leisure and hospitality sector.

In 2019, FHA endorsed $940 million of loans that had private insurance instead of the required National Flood Insurance Program coverage.

According to a civil complaint, real estate purchased at depressed short sale prices were submitted to the FHA for insurance.

Ginnie extends deadline for HECM MBS securitization; FHA updates TOTAL Scorecard; FHA Connection updated.

FHA Chief Dana Wade believes a foreclosure crisis will not present itself in the near future due to FHA providing “so many” relief options to borrowers. Meanwhile, she suggested the MI be spun off from HUD.