Officials from FHA, VA and USDA spoke about their plans to promote affordable homeownership at the Mortgage Bankers Association’s annual convention this week.

FHA Commissioner Julia Gordon this week returned to her hometown of Philadelphia to address attendees at the Mortgage Bankers Association’s annual convention.

Former Ginnie Mae President Ted Tozer wants the Biden administration to make a program supporting nonbank issuer liquidity a high priority.

FHA finalized a rule revising its rental income policies and property eligibility requirements for loans for properties with accessory dwelling units.

Among the clarifications, Rural Development said that if a loan applicant owns a business, the loan officer must closely examine whether assets are co-mingled between business and personal accounts.

Before a VA loan closes, lenders should establish the funding fee exemption status of the borrower, VA clarified.

HUD to host hearing on appraisal bias; bipartisan Senate bill to inform veterans of home loan benefits introduced; USDA updates handbook; Ginnie Mae allows commingling in Platinum pool types; HUD expands funding for loans and grants in its Green and Resilient Retrofit Program; VA reduces premiums for Veterans’ Mortgage Life Insurance program.

The issuance, sized at $342.0 million, received preliminary AAA ratings from Fitch Ratings and Kroll Bond Rating Agency.

Officials at FCI Lender Servicing believe financial institutions will be required to use blockchain within five to 10 years given the transparency it offers.

Redwood Trust and Point partnered to co-issue the second-ever rated home equity investment securitization.