Delinquency rates on FHA and VA loans pooled in Ginnie Mae MBS increased in the second quarter of 2022. Most of the spike was on the FHA side. (Includes four data charts.)
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Commissioner Julia Gordon assured industry participants that she is working through the challenges of bringing changes to the FHA home loan program.
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If FHA wants to consider the sustainability of manufactured housing, it must work on how personal-property units fit within a manufactured housing community, said FHA Commissioner Julia Gordon.
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The Mortgage Bankers Association called for FHA to have enough funding for it to better manage the risks associated with the Mutual Mortgage Insurance Fund.
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The House Committee on Veterans Affairs has marked up 18 bills to support veterans, among them one would improve the appraisal process under the VA home loan program.
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Habitat for Humanity CEO Jonathan Reckford called on the group’s affiliates and other nonprofits to make new efforts to partner with USDA to improve homeownership in rural areas.
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Funding announced to rehabilitate certain veterans’ homes; Rural Housing Service announces regulatory waivers; share of Ginnie Mae home loans in forbearance rises; HUD to host pre-purchase counseling symposium; HUD schedules housing counseling advisory meeting; Ginnie to hold issuer training and listening session.
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Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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