Ginnie Mae officials remain confident that most of its issuers will be ready to comply with new financial eligibility requirements set to go into effect Sept. 30.

State housing finance agencies want to be exempted from proposed FHA audit requirements for investing mortgagees, the National Council of State Housing Agencies said in a comment letter.

The updated guidance, which will go into effect Jan. 1, notes that housing counseling must be provided by a qualified, independent third party and not by anyone compensated by a mortgage originator or servicer.

FHA Catalyst claims module now enables bulk submissions of supplemental claims; USDA’s Rural Housing Service to release proposed rule updating eligibility requirements for non-citizens; Senate Banking Committee to hold hearing on flood insurance; HUD to hold meeting of its Housing Counseling Federal Advisory Committee.

The FDIC found that stronger regulatory supervision could have made First Republic more resilient following the collapse of Silicon Valley Bank and Signature Bank.

Lenders are considering alt-doc loans to drum up originations in a highly compressed market.

Saluda Grade has ramped up its efforts in the home equity agreements space with new securitizations and lines of credit.

New regulations around short-term rentals have put the squeeze on mortgages for second homes.

Former Civic Financial President William Tessar’s new business-purpose lending venture, CV3, is staffed by more than 150 employees from his former company.

New non-QM and jumbo securitizations hit the market; The Mortgage Calculator launches DSCR product.