Ginnie Mae continues efforts to provide smaller financial institutions greater access to its securitization platform, Principal Executive Vice President Sam Valverde said last month.

Mortgage lenders and servicers must process loan assumptions in accordance with regulations or could face penalties, the VA cautioned.

House and Senate leadership have agreed to a topline budget number of $773 billion in non-defense spending for fiscal 2024.

Industry participants are asking Congress to fully fund the salary and expense requests for both FHA and Ginnie Mae during the fiscal 2024 budget appropriations reconciliation.

FHA and VA lenders are gearing up for an uptick in purchase, refinance and renovation loans in the new year.

Industry and consumer groups want the VA’s upcoming Veterans Assistance Servicing Purchase loss-mitigation program to target borrower payment reduction, not a single interest rate target.

VA issued a reminder on loan assumption requirements; Fannie to update Desktop Underwriter with FHA/VA loan limits on Jan. 20.

The first five years of homeownership are often the most challenging financially for first-time buyers.

Mortgage industry executives and policymakers should rethink strategies to improve sustainable homeownership among first-time homebuyers, according to speakers at a recent housing conference.

ABS Advisory CEO Fouad Onbargi discussed new sources of warehouse financing and developing new classes of ABS.