The Federal Emergency Management Agency said debt for the flood insurance program is currently costing $309 million in semiannual interest payments, which could be utilized on disaster operations.

The GSEs saw an uptick in uninsured mortgage business from the second to the third quarter, while FHA purchase and refi volume surged. (Includes three data tables.)

If the National Flood Insurance Program is allowed to lapse mid-November, the impact could extend beyond single-family lending, the Congressional Research Service has warned.

The new proposed capital requirements could reduce LMI lending by large banks and make warehouse financing expensive for nonbanks.

FHA gained share in the primary MI market during the second quarter, although private MI remained the dominant form of credit coverage. Enact MI maintained a narrow lead in year-to-date new insurance written. (Includes four data charts.)

In the purchase loans securitized by the agencies in the second quarter, the biggest gain was in GSE loans with no primary MI coverage. (Includes three data charts.)

Both purchase-mortgage lending and refinancing were down substantially in the first quarter, but a number of lenders gained share — or even increased production volume — compared with the prior period. (Includes four data charts.)

Originations of first-lien home loans with some form of primary mortgage insurance declined 15% during the first quarter, a less severe downturn than the overall market recorded. Private MIs got the most benefit. (Includes four data charts.)

Volume was down across the board for insured mortgages, but PMIs saw a modest gain in market share in first-quarter agency MBS issuance. (Includes three data charts.)

HUD’s decision to reinstate its 2013 “discriminatory effects standard” could revive an old lawsuit brought against the agency by two trade groups.