FHA and VA forward endorsements continued to trend downward during the second quarter of 2022 despite an increase in purchase-mortgage business guaranteed by the two government agencies. (Includes three data charts.) Read More

The new standards are a result of a collaboration between Ginnie and the Federal Housing Finance Agency to align rules for their counterparties. Most of the new standards take effect Sept. 30, 2023. Read More

The most popular option is when another veteran assumes the VA loan and trades the benefit eligibility, said John Bell, executive director of VA’s Loan Guaranty Service. Read More

The share of Ginnie Mae loans in forbearance remained flat at 1.26% in July compared to the previous month. Read More

Housing counselors can play a greater role in helping delinquent borrowers understand the menu of loss-mitigation tools, according to trade group and government officials speaking at a recent HUD conference. Read More

Sen. Jon Tester, D-MT, chair of the Senate Veterans’ Affairs Committee, and Sen. Mike Rounds, R-SD, recently introduced the Native American Direct Loan Improvement Act to boost homeownership among Native Americans. Read More

Housing-related funding was largely absent from the Inflation Reduction Act that President Biden signed into law this week. Read More

Ginnie supports FHA multifamily risk-share initiative; rulemaking on private flood insurance for FHA borrowers moving forward; webinar on student loan debts and mortgage underwriting; the Community Home Lenders Association and the Community Mortgage Lenders of America merge; FHA updates multifamily guidance; VA extends recission for COVID-19 partial claim payment program; and more. Read More