Homebuyers will continue to face challenges accessing homeowners insurance in 2024, Matic Insurance Services said.

Both FHA and VA issuance volume declined in November, with VA activity posting the larger fall.

Total Ginnie assets stood at $60.2 billion as of the end of September, up from $39.5 billion a year earlier. And liabilities increased from $9.7 billion to $29.4 billion.

FHA's share of the FHA/VA market hit 61.5% in the third quarter, the highest level in at least 10 years.

Endorsements of FHA and VA insured loans increased by 9.2% in the third quarter while total first-lien originations declined. (Includes three data tables.)

Some $30.43 billion in Ginnie Mae mortgage-backed securities was issued last month. FHA volume held up better than VA activity. (Includes two data tables.)

HUD is planning proposed rules and final actions in the coming months that will impact the FHA program.

According to the agency’s latest regulatory agenda, the VA Servicing Purchase program is scheduled for release next fall.

The Mortgage Bankers Association and the National Mortgage Servicing Association want FHA to make additional revisions to rules for its planned partial payment supplement partial claim loss-mitigation program.

Industry participants support FHA’s plans to update policy on acceptable monetary investment funding sources and interested-party contributions for its home equity conversion mortgage for purchase program.