FHA forward mortgage production plunged in the third quarter, precipitated by a substantial drop in purchase activity. [Includes two data charts.]

The Department of Veterans Affairs this week laid the groundwork for changes to its current rules on VA-guaranteed cash-out refinance loans.

Home Equity Conversion Mortgage originations saw a modest 4.7 percent sequential fall in the third quarter as the downward volume trend for reverse mortgages continued. [Includes one data chart.]

In an analysis of FHA’s fiscal 2018 audit of the Mutual Mortgage Insurance Fund, analysts believe the Department of Housing and Urban Development may be inclined to shrink FHA’s footprint modestly given the risk profile of its new business.

The Department of Housing and Urban Development has not conducted a single nonperforming loan sale in 2018 because apparently investors have found a quicker way to obtain newly foreclosed properties.

The U.S. Department of Agriculture’s Rural Housing Service has issued guidance regarding short sales and sale of real estate-owned properties backed by rural housing loans.

The FHA has announced plans to improve the web-based system lenders use to submit appraisal reports to the agency.

Lenders and their warehouse providers have been openly worrying about thinning profit margins for several quarters now with liquidity a primary concern.

Joseph Otting would not be the permanent director but would be a place-holder until...

Fannie Mae, Freddie Mac and Ginnie Mae saw a slight increase in their share of big-ticket mortgage lending in the third quarter as the non-agency jumbo sector cooled, according to an Inside Mortgage Finance ranking and analysis. [Includes three data charts.]