The Mortgage Bankers Association said a federal policy framework for AI will give lenders and technology partners the “certainty” needed to deploy the tech safely and responsibly. It will also limit state regulation.

Kenny Smith worked at Deloitte for more than 25 years before retiring in 2020. He isn’t well known among mortgage industry participants.

November issuance of Ginnie Mae single-family mortgage-backed securities increased as lower interest rates continued to drive refinance activity. (Includes two data tables.)

Planet Home Lending activated the Ginnie Mae pools issued for immediate transfer program in the third quarter in response to mounting demand from its correspondent lender partners.

FHA proposed loosening restrictions on auction platforms for claims without conveyance of title sales.

Industry groups recommended that FHA consider reverting the upfront mortgage insurance premiums on home equity conversion mortgages to the previous risk-based model.

FHA proposed tweaking its limited 203(k) rehabilitation loan program to reduce financial burdens on contractors.

Younger borrowers are behind much of the growth of VA purchase mortgages, according to an analysis by Veterans United.

Two new bills in the House aim to modernize FHA multifamily loan limits by more than quadrupling the current caps.

Progress on FHA, Ginnie nominee confirmations; USDA preps for delegated authority; FHA Connection MFA compliance extended; FHA expands HECM, HMBS comment period.