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Ginnie Issuance Continues to Decline in November

December 15, 2023
Monica Hogan
Some $30.43 billion in Ginnie Mae mortgage-backed securities was issued last month. FHA volume held up better than VA activity. (Includes two data tables.)
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FHA Outlines Busy Regulatory Agenda for 2024

December 15, 2023
Monica Hogan
HUD is planning proposed rules and final actions in the coming months that will impact the FHA program.
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VA Proposal on Loss-Mit Planned for October

December 15, 2023
Monica Hogan
According to the agency’s latest regulatory agenda, the VA Servicing Purchase program is scheduled for release next fall.
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Servicers Seek Changes to FHA Partial Claims Policy Update

December 15, 2023
Monica Hogan
The Mortgage Bankers Association and the National Mortgage Servicing Association want FHA to make additional revisions to rules for its planned partial payment supplement partial claim loss-mitigation program.
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HECM-for-Purchase Updates Receive Strong Support

December 15, 2023
Monica Hogan
Industry participants support FHA’s plans to update policy on acceptable monetary investment funding sources and interested-party contributions for its home equity conversion mortgage for purchase program.
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VA Plans New Minimum Property Requirements

December 15, 2023
Monica Hogan
VA issued an advance notice of proposed rulemaking to consider updates to its minimum property requirements as mandated by the Improving Access to the VA Home Loan Benefit Act.
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Around the Industry

December 15, 2023
Monica Hogan
VA issues circular on foreclosure moratorium; Ginnie is looking for new senior vice president for the Office of Enterprise Data and Technology Solutions.
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Retail Channel Loses Some Share in Jumbo Market

December 15, 2023
James Dohnert
While the retail channel remained the predominant source for jumbo lending, originations through the channel fell 9.0% from the second to the third quarter. Correspondents and brokers gained share. (Includes data table.)
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Consumer Groups Hail New CDFI Certification Process

December 15, 2023
James Dohnert
The changes to the CDFI certification process provide increased flexibility while ensuring organizations remain mission driven.
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Banks/Thrifts Add to Mortgage Portfolios in Third Quarter

December 15, 2023
James Dohnert
First-lien mortgage portfolio holdings at banks and thrifts increased by 0.8% from June to September. (Includes data table.)
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