The volume of FHA loans securitized into Ginnie Mae mortgage-backed securities increased 2.3% between July and August, while VA loan production sent to Ginnie declined at a similar rate. (Includes two data charts.)
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Industry watchers have called on VA to release a draft policy document describing the details of its proposed veterans assistance servicing purchase program by Sept. 21.
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The Mortgage Bankers Association wants FHA to clarify language around the separation of credit and collateral delegated endorsement designations.
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The bureau found a four-fold increase in the number of reverse mortgage direct mail advertisements sent to consumers over the past two years compared to 2019 and 2020.
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MISMO seeks participants for VA-document-related working group; Senate banking subcommittee to hold housing supply hearing; HUD to host housing counseling conference; OMB to hold tribal consultation on 2025 budget; HUD to co-sponsor special purpose credit program roundtable; UWM expands soft credit check program.
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