The bipartisan House bill seeks to give teachers and first responders access to an FHA mortgage without having to make a downpayment.

The government guarantor said AI will soon be embedded more deeply into Ginnie Mae’s processes.

No vote has been scheduled yet on her nomination.

The switch to the new standards created some complications for single-closing construction-to-permanent loans and other products...

With mortgage rates climbing for most of the year, a pullback in refinance activity was expected.

Acting Director Uejio: "For example, women- and minority-owned small businesses faced more severe economic consequences than their White counterparts, and Black and Hispanic homeowners were less likely to receive mortgage relief and forbearance.”

Most expanded-credit deals issued this year have been stocked with pre-pandemic loans...

Investing in Ginnie Mae EBOs has been a profitable maneuver but with the forbearance picture improving, finding product to buy could get harder.

As rates stay low, the corporate debt issuance boom continues but recent deals may be among the last for a while until real estate market values become clearer.

One originator of investor loans calls the profits “sweet,” though he’s not too sure why the FHFA did what it did.