Lender activity in FHA-insured reverse mortgages continued its upward trend in the first quarter of 2022, with some $8.38 billion of loans endorsed. (Includes three data charts.)
In a largely purchase market, the demand for timely appraisals becomes more critical, John Bell, executive director of the VA Loan Guaranty Service, said in an interview.
The U.S. Green Building Council applauded HUD’s proposal to require an Energy Star score of 75 or better to qualify for the mortgage insurance premium cut.