Lenders originated $112.67 billion of FHA and VA loans in the third quarter — the highest quarterly volume for the government loan programs since the second quarter of 2022. (Includes three data tables.)
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FHA Commissioner Julia Gordon said it is probably time to consider FHA pricing adjustments. However, any decisions may need to wait until the next administration comes in. (Includes data table.)
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Stanley Middleman, founder and CEO of Freedom Mortgage, said the next administration’s approach for FHA and VA should be “if it’s not broken, why fix it?”
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Speakers at the AEI Housing Center’s annual conference said the biggest negative of first-time homebuyer assistance policy is pushing borrowers to buy before they’re ready.
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Trump nominates Doug Collins as VA secretary; VA proposes revisions to loan loss reporting requirements; USDA to update technical handbook; HUD extends compliance deadline for rule on modernizing engagement with borrowers in default.
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