Year-to-date, home equity conversion mortgage volume is up a dramatic 49.9% compared to last year. But volume dropped sequentially for the first time in seven quarters. (Includes three data charts.)

Real estate agents can now also act as loan officers on the same single-family mortgage transaction. But smaller lenders worry that larger competitors will wipe out referral business by hiring dual-purpose employees.

Under FHA’s index approach, loan limits would be based on a yearly analysis of prices and Census bureau property data.

Senate passes VA home loan benefit legislation; FHA allows HECM property charges repayment plan; FHA lenders can continue face-to-face interview alternatives; VA releases new loan review API; and more.

However, lender employees with a direct impact on a mortgage approval decision may not have multiple roles on FHA deals...

The FHA has clarified when individuals can perform multiple roles in a single FHA-insured transaction. Some believe it’s a market-altering move.

Not knowing whether its pooled loans are insured puts Ginnie at increased financial risk, the inspector general’s report said.

Thrower, as the whistleblower plaintiff who brought the allegations to light, will receive roughly $11.5 million...

Institutional investors are increasingly scooping up affordable single-family homes, creating an unlevel playing field for low-income first-time homebuyers, affordable housing advocates said at a recent HUD event.

Streamlined refis worked well as a loss-mitigation tool during the pandemic, but aren’t a solution in a rising interest-rate environment.