FHA Principal Deputy Assistant Lopa Kolluri discussed the home equity conversion mortgage program and return-to-work at the National Reverse Mortgage Lenders Association’s annual convention.
FHA extends deadline for feedback on proposed 40-year loan mods; Ginnie creates new MBS pool type; FHA delays effective date for reporting delinquent mortgage data to the FHA Catalyst reporting module.
Rocket, which had a fairly good third quarter, has acquired 5.7 million units of its own stock at an average price of $16.42. Its IPO price was $18.00…
Even with the clarification, some suggest VA lenders need more details to understand when they may refinance a loan included in a Ginnie-guaranteed MBS pool.
The House Committee on Rules recently unveiled text for the $1.75 trillion Build Back Better legislative framework, which would include $10 billion for a new first-generation downpayment assistance fund.