FHA/VA lending through correspondents rose 6.0% in 2020, but other channels saw more robust increases from the previous year, according to an Inside FHA/VA Lending analysis. (Includes data chart.)
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A downpayment assistance bill, which is still just a “discussion draft,” has the potential to provide $20,000 to first-generation homebuyers.
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Reverse mortgage production declined 8.1% in the fourth quarter. However, endorsements spiked 54.5% year over year. (Includes two data charts.)
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Adrianne Todman might be tapped for HUD deputy secretary position; New housing advisory council in the making; Wells Fargo settles discrimination claim.
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