Government lending declined across all three major production channels during the first quarter of 2022. However, the correspondent platform was able to significantly boost its market share. (Includes data chart.)
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Lender activity in FHA-insured reverse mortgages continued its upward trend in the first quarter of 2022, with some $8.38 billion of loans endorsed. (Includes three data charts.)
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In a largely purchase market, the demand for timely appraisals becomes more critical, John Bell, executive director of the VA Loan Guaranty Service, said in an interview.
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The U.S. Green Building Council applauded HUD’s proposal to require an Energy Star score of 75 or better to qualify for the mortgage insurance premium cut.
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House committee marks up first-generation DPA bill; MBA asks FHA to clarify claims without conveyance of title program; FHA to host underwriting training webinar; Ginnie opens up digital collateral program; Ginnie extends temporary COVID-19 relief policies; HUD to host webinar on disaster recovery.
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The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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