The volume of outstanding loans in Ginnie Mae mortgage-backed securities rose 1.6% to $2.181 trillion in the first three months of 2023 as delinquency rates improved across the board. (Includes four data charts.)
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The Department of Veterans Affairs’ first annual conference since 2019 will include panels for mortgage servicers and home appraisers in addition to lender-focused talks.
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Home sellers have become more receptive to FHA offers now that the market has started to cool, according to Black Knight Vice President Andy Walden.
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FHA is taking feedback through April 27 on a draft mortgagee letter proposing the use of rental income from accessory dwelling units to calculate borrowers’ eligibility for a home loan.
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The industry largely asked FHA to align the policies of the Section 203(k) rehabilitation loan program with those of the government-sponsored enterprises.
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Lawmakers heard from Solomon Greene, who has been renominated to serve as assistant secretary for policy development and research, and David Uejio, who has been renominated for the position of assistant secretary for fair housing and equal opportunity at HUD.
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Some federal agencies extend forbearance request deadlines; Guaranteed Rate ramps up reverse mortgage lending; Brewer, ME-based woman pleads guilty in VA home loan false statements case; Rural Housing Service sets timeline for 2023 housing preservation grant program.
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