Industry participants are asking Congress to fully fund the salary and expense requests for both FHA and Ginnie Mae during the fiscal 2024 budget appropriations reconciliation.

FHA and VA lenders are gearing up for an uptick in purchase, refinance and renovation loans in the new year.

Endorsements of FHA and VA insured loans increased by 9.2% in the third quarter while total first-lien originations declined. (Includes three data tables.)

Some $30.43 billion in Ginnie Mae mortgage-backed securities was issued last month. FHA volume held up better than VA activity. (Includes two data tables.)

HUD is planning proposed rules and final actions in the coming months that will impact the FHA program.

According to the agency’s latest regulatory agenda, the VA Servicing Purchase program is scheduled for release next fall.

The Mortgage Bankers Association and the National Mortgage Servicing Association want FHA to make additional revisions to rules for its planned partial payment supplement partial claim loss-mitigation program.

Industry participants support FHA’s plans to update policy on acceptable monetary investment funding sources and interested-party contributions for its home equity conversion mortgage for purchase program.

VA issues circular on foreclosure moratorium; Ginnie is looking for new senior vice president for the Office of Enterprise Data and Technology Solutions.

U.S. Mortgage Insurers President Seth Appleton is encouraging FHA to focus on keeping its Mutual Mortgage Insurance Fund healthy.