The Mortgage Bankers Association said the HUD proposal would make FHA-backed multifamily construction loans costly to originate.

Among various clarifications, FHA noted that lenders must provide ROV disclosure at mortgage loan application and on delivery of the appraisal report.

HUD and VA are offering relief options for borrowers impacted by the widespread destruction caused by Hurricanes Helene and Milton.

HUD announces planned updates to its handbook for the management of multifamily affordable homes; VA announces revised release date for its Loan Guaranty Service Program Participant Management System; Ginnie introduces new monthly disclosure on rural loans in MBS.

The Blackstone Group wants to make its mark in the non-QM arena and has hired away an executive from Annaly’s Onslow Bay unit.

FHA lenders said the proposed rule would raise the cost of multifamily construction lending.

Issuance of non-agency MBS backed by scratch-and-dent mortgages to date this year has surpassed issuance through all of 2023.

Morningstar plans to create the first ratings criteria specifically for securitization of loans for home improvement projects.

While impairments initially rise following a hurricane, borrowers with loans in ABS typically get back on track, according to dv01.

With originations increasing, should mortgage lenders add workers or get by with what they have and pay overtime? Mortgage-banking employment is actually down compared to January.