Earlier this month, FHA issued proposed rule-making for a permanent 40-year loan option and is taking comments through May 31.

Ginnie Mae issuers securitized some $155.11 billion in mortgage-backed securities during the first quarter of 2022, a 17.5% decline on a sequential basis. (Includes four data charts.)

Julia Gordon is on track to be confirmed after the Senate last week voted 51-50, with VP Harris casting the tiebreaker, to enable consideration of her nomination as FHA commissioner on the Senate floor.

Amid growing calls among industry participants for a reduction in FHA mortgage insurance premiums, some experts believe FHA’s wait-and-see approach is the right way to go.

FHA this week temporarily shut down its Loan Review System after users reported intermittent document errors over the past several weeks.

The plan highlights FHA activities aimed at maximizing homeownership for first-time homebuyers, among other actions.

The Department of Housing and Urban Development outlined certain essential functions that housing counseling agencies should focus on when creating a succession plan.

Owners of nursing homes in FHA’s Section 232 program faced financial and operational challenges stemming from the pandemic.

FHA, VA and USDA easing access to mortgage credit for borrowers with medical debt; Ginnie Mae appoints two new executives; FHA to hold vacant property sale exclusively for nonprofits and local and state government agencies.

Experts continue to debate how and when FHA should implement insurance premium reductions. Also, last week, Julia Gordon’s nomination to head FHA advanced in the Senate.