Cart

Inside FHA/VA Lending

July 14, 2023

View Archived Issues

Ginnie Issuance Increases After Two-Year Slide

After falling below $100 billion in each of the previous two periods, Ginnie Mae issuance turned a corner in the second quarter. But volume is still far off the numbers for most of the past four years. (Includes four data charts.) Read More

Industry Seeks Changes to FHA Partial Claim Proposal

The proposed program could be improved by simplifying communications with borrowers and making changes that expand the number of borrowers who can be helped, industry and consumer groups said. Read More

Tozer Calls for Congress to Update DPA Rules

Allowing lenders to provide downpayment assistance on FHA loans would extend homeownership to underserved borrowers who have a difficult time amassing even a 3.5% downpayment, the former Ginnie Mae president said. Read More

FCA Whistleblowers Must Show Proof of Harm

Whistleblowers bringing False Claims Act complaints against FHA lenders must provide material evidence of harm, an appeals court ruled. Read More

Movement Mortgage Settles FCA Whistleblower Suit

The False Claims Act violations related to underwriting and quality control on FHA and VA loans, the Department of Justice said. Read More

House Bill Would Curtail 2024 HUD Funding

Department of Housing and Urban Development programs would be funded at much lower levels than those called for in President Biden’s budget proposal under a fiscal 2024 bill introduced in the House this week. Read More

FHA Updates Policy on HECM Disbursements

Lenders have new obligations to the FHA when they default on making home equity conversion mortgage disbursements, according to a policy finalized this week. Read More

Around the Industry

USDA deputy secretary confirmed; HUD seeks comments on burdens facing FHA lenders in maintaining eligibility; Ginnie Mae expands LMI disclosure initiative; and more. Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results