What’s a mortgage CEO worth in a dicey origination market? According to an early read of proxy filings, some chief executives received nice pay packages last year, while others saw reductions.
A reduction in closing costs, down payment assistance programs for first-generation homebuyers and investing in communities that need housing could all lead to more affordable housing access.
Nonbank issuers in the Ginnie Mae program should have better access to funding from commercial banks to help bolster their liquidity, according to a proposal from the Housing Policy Council.
The Department of Housing and Urban Development’s Adrianne Todman last week made her first appearance before the Senate Banking and Housing Committee as acting secretary.
FHA and VA lenders and servicers should prepare for more regulation related to climate risk and housing sustainability, speakers at an AmeriCatalyst conference last week suggested.
Alanna McCargo, the outgoing Ginnie Mae president, is receiving praise for achievements, including obtaining a significant boost in funding from Congress.