The Trump letter carries the presidential seal at the top...

UI researchers suggest policymakers ensure public investments are equitably distributed across communities because increasing minority homeownership alone won’t be enough to close the gap in housing wealth.

Nick Maciunas, head of agency research at JPMorgan, spoke about how COVID-related forbearance loan modifications may impact Ginnie investors during a recent podcast hosted by the agency.

FHA must do more to ensure its lenders approve only loans for borrowers who meet the program’s statutory, regulatory and eligibility requirements, the HUD’s internal auditor said.

We pointed it out before, but the situation has not changed: Nonbanks that went public over the past 16 months are not doing well when it comes to share price. As for meaning: Such a performance does not bode well for other nonbanks contemplating life in the public realm.

Recent data indicate very few Ginnie borrowers who reached 18 months of forbearance then became current on their mortgage.

Ares bills itself as a publicly traded alternative investment manager...

While lenders contend lower FHA insurance premiums will help attract more borrowers, FHA wants to protect the resiliency of its program. (Includes data chart.)

Private mortgage insurers, who compete with the FHA to a certain extent, applauded the agency’s “disciplined approach” to premium pricing and policies.

FHA plans to take a multiprong approach to expanding homeownership among underserved communities as a way to address the racial wealth gap.