FHA Commissioner Julia Gordon said it is probably time to consider FHA pricing adjustments. However, any decisions may need to wait until the next administration comes in. (Includes data table.)

Stanley Middleman, founder and CEO of Freedom Mortgage, said the next administration’s approach for FHA and VA should be “if it’s not broken, why fix it?”

Gregory Keith, senior vice president and chief risk officer at Ginnie Mae, will assume the duties of president starting next month.

The capital ratio for FHA’s home equity conversion mortgage program grew nearly 800 basis points, helped by home price trends.

The agency wants the loan application for its Title I manufactured housing programs to more closely align with industry standards.

Speakers at the AEI Housing Center’s annual conference said the biggest negative of first-time homebuyer assistance policy is pushing borrowers to buy before they’re ready.

Among the proposed revisions, FHA would reduce the requirement for rental income history from boarders from two years to 12 months.

Trump nominates Doug Collins as VA secretary; VA proposes revisions to loan loss reporting requirements; USDA to update technical handbook; HUD extends compliance deadline for rule on modernizing engagement with borrowers in default.

Issuance of Ginnie Mae mortgage-backed securities with refinance loans increased sharply for the third straight month in October. However, the refi business appears poised to slow as interest rates on mortgages increased through October. (Includes two data tables.)

John Bell, executive director of the VA Loan Guaranty Service, spends much of his time now monitoring the impact on VA borrowers from the National Association of Realtors’ landmark antitrust settlement.