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Freedom CEO Expects Continuity for FHA, VA Under Trump

November 22, 2024
Monica Hogan
Stanley Middleman, founder and CEO of Freedom Mortgage, said the next administration’s approach for FHA and VA should be “if it’s not broken, why fix it?”
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Valverde Set to Leave Ginnie at the End of the Month

November 22, 2024
Monica Hogan
Gregory Keith, senior vice president and chief risk officer at Ginnie Mae, will assume the duties of president starting next month.
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HECM Capital Ratio Shows Significant Improvement in FY24

November 22, 2024
Monica Hogan
The capital ratio for FHA’s home equity conversion mortgage program grew nearly 800 basis points, helped by home price trends.
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HUD Proposes Uniform Loan Application for Manufactured Homes

November 22, 2024
Monica Hogan
The agency wants the loan application for its Title I manufactured housing programs to more closely align with industry standards.
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AEI Fellows Call for Building Sustainable Homeownership

November 22, 2024
Monica Hogan
Speakers at the AEI Housing Center’s annual conference said the biggest negative of first-time homebuyer assistance policy is pushing borrowers to buy before they’re ready.
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FHA Proposes Updates to Rental Income Underwriting

November 22, 2024
Monica Hogan
Among the proposed revisions, FHA would reduce the requirement for rental income history from boarders from two years to 12 months.
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Around the Industry

November 22, 2024
Monica Hogan
Trump nominates Doug Collins as VA secretary; VA proposes revisions to loan loss reporting requirements; USDA to update technical handbook; HUD extends compliance deadline for rule on modernizing engagement with borrowers in default.
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Government-Insured Lending Rises During 3Q

November 22, 2024
Brandon Ivey
Government lending increased by 14.5% while the rest of the market rose just 4.3%.
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Rithm Releases $400+ Million MSR Securitization

November 22, 2024
Paul Muolo
The initial offering size was $378 million, but Rithm said the deal was increased due to "demand for the securitization's unique structure and underlying asset portfolio."
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GSEs, FHLBanks Partner to Boost Housing in Tribal Lands

November 22, 2024
Dennis Hollier
Two new partnerships were announced this month that will help assist with housing access on tribal lands.
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