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.

VA issues circular on foreclosure moratorium; Ginnie is looking for new senior vice president for the Office of Enterprise Data and Technology Solutions.

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.)

The changes to the CDFI certification process provide increased flexibility while ensuring organizations remain mission driven.

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

Originations of adjustable-rate mortgages stayed flat in the third quarter while total first-lien production declined somewhat. (Includes data table.)

Finding a replacement, though, is going to be a tall order given that Ginnie Mae has pay restrictions.

Figure is expected to issue its third HELOC MBS of 2023 and will provide loans to an upcoming Saluda Grade issuance.

If you’re looking for positives in the residential REIT sector, take a peek at how their debt is trading these days — most north of 90 cents on the dollar. Credit belongs to lower interest rates.

Both assets and liabilities at Ginnie Mae jumped when the agency took over HECMs from the failed Reverse Mortgage Funding. Still, Ginnie extended a streak of increasing cash on hand.