Splitero expands to Arizona; A&D Mortgage launches free CRM; Achieve updates terms on HELOC product.

Stanley Middleman, founder and CEO of Freedom Mortgage, said the next administration’s approach for FHA and VA should be “if it’s not broken, why fix it?”

Gregory Keith, senior vice president and chief risk officer at Ginnie Mae, will assume the duties of president starting next month.

The capital ratio for FHA’s home equity conversion mortgage program grew nearly 800 basis points, helped by home price trends.

The agency wants the loan application for its Title I manufactured housing programs to more closely align with industry standards.

Speakers at the AEI Housing Center’s annual conference said the biggest negative of first-time homebuyer assistance policy is pushing borrowers to buy before they’re ready.

Among the proposed revisions, FHA would reduce the requirement for rental income history from boarders from two years to 12 months.

Trump nominates Doug Collins as VA secretary; VA proposes revisions to loan loss reporting requirements; USDA to update technical handbook; HUD extends compliance deadline for rule on modernizing engagement with borrowers in default.

Government lending increased by 14.5% while the rest of the market rose just 4.3%.

The initial offering size was $378 million, but Rithm said the deal was increased due to "demand for the securitization's unique structure and underlying asset portfolio."