Issuance of Ginnie Mae MBS declined for the eighth straight quarter during the first three months of 2023. The deterioration was relatively uniform between FHA and VA volume. (Includes four data charts.)
Read More
Given the current market liquidity conditions, FHA proposed expediting the processing of claims tied to its home-equity conversion mortgage program.
Read More
The HUD OIG will soon report on an audit examining Ginnie Mae’s process for managing troubled issuers, according to Inspector General Rae Oliver Davis.
Read More
A new paper by the Joint Center for Housing Studies at Harvard University recommended increasing the amount of downpayment assistance to Black and Hispanic first-time homebuyers using FHA loans.
Read More
HUD’s proposed certification requirement for housing counselors in its tribal programs has come under criticism for its impact on cost and capacity.
Read More