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Citi Picks Mortgage Expert for Latest MDI Rotation Program

June 1, 2022
Monica Hogan
Citi continues to pay the employee's salary while they work for the MDI...
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Short Takes: To Repurchase Shares, Or Not … That is the Question / Follow-Through? / Executive Buying / The Sky’s the Limit / Ishbia’s Pledge Revisited

June 1, 2022
Paul Muolo
In years past, when a stock flounders miserably, class action attorneys circle the wagons and sue management...
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FHA Official Hints at Pending MIP Cut Decision

May 27, 2022
Monica Hogan
Pressure continues to mount on the Department of Housing and Urban Development to announce a decision on cutting FHA mortgage insurance premiums.
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Government Housing Agencies Eye Tech Modernization

May 27, 2022
Monica Hogan
The government home loan programs from FHA, VA and USDA still have work to do in their efforts to upgrade mortgage technology.
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White House Action Plan on Housing Supply Enlists FHA

May 27, 2022
Monica Hogan
The White House’s multi-pronged action plan designed to close the housing supply gap within the next five years includes a to-do list for FHA.
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Legislators Consider VA Home Loan Updates

May 27, 2022
Monica Hogan
A recently introduced bill, the Improving Access to the VA Home Loan Act, would direct VA to update regulations on home appraisals.
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RHS Working to Address Affordable Housing

May 27, 2022
Monica Hogan
USDA Under Secretary for Rural Development Xochitl Torres Small testified this week about the shortages of affordable multifamily rental units and single-family homes for sale in rural areas.
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FHA Sets MIP Cuts for Green Residential Care Facilities

May 27, 2022
Monica Hogan
FHA is planning significant reductions to both the upfront and annual mortgage insurance premiums for most Section 232 program mortgages of green residential care facilities.
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Around the Industry

May 27, 2022
Monica Hogan
Gordon sworn in as FHA commissioner; Ginnie to expand digital collateral program; FHA to present overview of its single-family purchase program; Ginnie hosts training sessions for single-family issuer pooling processes and systems; Ginnie clarifies requirements for MBS related to delinquent loan buyout eligibility; USDA to hold online training sessions for its single-family program; USDA raises interest rates for its single-family direct loan programs.
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Jumbo-Conforming Spread Reaches Near Record Levels

May 27, 2022
Brandon Ivey
Volatility in the secondary market has led to a 49-basis-point interest rate spread between jumbo and comparable conventional loans.
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