New FHA home equity conversion mortgage endorsements increased 10.8% from the first quarter to the second. Year-to-date, though, volume was down from the first six months of 2023. (Includes three data tables.)

Some questioned whether the proposed $25,000 downpayment assistance to first-time homebuyers would be enough in some housing markets.

The updates to FHA Connection will support implementation of revisions to the 203(k) rehabilitation mortgage insurance program.

The Consumer Federation of America has suggested policy changes to help FHA borrowers better compete in the market.

FHA has outlined interim procedures for nonjudicial foreclosures with liens held by the secretary of the Department of Housing and Urban Development.

The trade group urged the Department of Housing and Urban Development to roll back the minimum debt service coverage ratio and raise the maximum loan-to-cost ratios for FHA’s multifamily loan program.

Originations increased across mortgage products in the second quarter. The conventional-conforming sector’s market share held steady while government-insured lending lost some share. (Includes data tables.)

Earlier this month, FHA issued a temporary partial waiver specific to Hawaii...

Combined endorsements for FHA and VA forward loans increased by 17.8% from the first quarter to the second. (Includes three data tables.)