Housing counselors can play a greater role in helping delinquent borrowers understand the menu of loss-mitigation tools, according to trade group and government officials speaking at a recent HUD conference.

Sen. Jon Tester, D-MT, chair of the Senate Veterans’ Affairs Committee, and Sen. Mike Rounds, R-SD, recently introduced the Native American Direct Loan Improvement Act to boost homeownership among Native Americans.

Housing-related funding was largely absent from the Inflation Reduction Act that President Biden signed into law this week.

Ginnie supports FHA multifamily risk-share initiative; rulemaking on private flood insurance for FHA borrowers moving forward; webinar on student loan debts and mortgage underwriting; the Community Home Lenders Association and the Community Mortgage Lenders of America merge; FHA updates multifamily guidance; VA extends recission for COVID-19 partial claim payment program; and more.

One positive development: Bank holdings of Ginnie Mae pass-throughs and non-agency MBS increased slightly in 2Q22...

The purchase price includes $30 million in cash...

Among those who have joined Cenlar is Adam Saab from CitiMortgage and Adam Wood, who worked at Mr. Cooper...

Originally launched in 2014, the FFB Risk Share Initiative was created to reduce the cost to finance FHA multifamily loans...

Non-agency business-purpose lending is paying off for Velocity Financial. The firm turned a profit in the second quarter despite a decline in originations.

Angel Oak Mortgage suffered widening losses in the second quarter amid weak demand in the secondary market for non-QMs. Still, officials at the REIT suggest that things are looking up.