Results were mixed in a Department of Housing and Urban Development study on the impact of pre-purchase counseling for first-time homebuyers.

The Department of Housing and Urban Development is bolstering efforts to expand and support secondary market access for community development financial institutions through Ginnie Mae.

Under the initiative, the Department of Housing and Urban Development will also increase trainings for CDFIs to become FHA-approved lenders.

Though two prominent nonbank lenders shuttered recently as the refi business slows, there are currently few concerns about the potential for widespread failures of nonbanks.

Fee-for-service partnerships between mortgage lenders and housing counseling agencies could bring scale to the pre-purchase counseling services HCAs offer, according to industry experts.

Commissioner Julia Gordon assured industry participants that she is working through the challenges of bringing changes to the FHA home loan program.

If FHA wants to consider the sustainability of manufactured housing, it must work on how personal-property units fit within a manufactured housing community, said FHA Commissioner Julia Gordon.

The Mortgage Bankers Association called for FHA to have enough funding for it to better manage the risks associated with the Mutual Mortgage Insurance Fund.

Funding announced to rehabilitate certain veterans’ homes; Rural Housing Service announces regulatory waivers; share of Ginnie Mae home loans in forbearance rises; HUD to host pre-purchase counseling symposium; HUD schedules housing counseling advisory meeting; Ginnie to hold issuer training and listening session.

Officials are examining multiple factors, including current housing and economic conditions, as well as trade-offs within the Congressional appropriations process, when considering a reduction to FHA mortgage insurance premiums.