The current method for calculating monthly student-loan payments results in artificially inflated debt-to-income ratios.

At the end of June, 14.07% of FHA loans in Ginnie Mae pools were delinquent, nearly double from 7.57% in March.

One option places past-due mortgage amounts in separate junior liens of up to 30% of the outstanding. The lien is repayable when the mortgage ends, which is usually when a borrower refinances or sells their home.

If HUD implements its proposed final disparate impact rule, exceeding its authority, it could be a challenged under the Administrative Procedure Act, according to an industry attorney.

FHA/VA loans in forbearance decreased by 30 basis points to 10.26% as of July 12.

Changes to FHA’s claims without conveyance of title procedures include updated appraisal requirements and enhanced discounts applied to appraised values.

MBA’s June 28 tally shows Ginnie Mae-backed loans in forbearance declined by 11 basis points to 11.72%.

Borrowers in default or facing foreclosure should look out for fraudulent loan-modification schemes, the HUD Inspector General warned.

HUD Secretary Ben Carson is sticking to his stance that DACA recipients are not barred from FHA loans.

Meanwhile, delinquency rates are noticeably rising, according to Black Knight.