Mike Fratantoni, MBA chief economist, said the job market data continue to indicate that homeowners are experiencing severe hardships due to the pandemic.

Biden’s proposed tax credit of $15,000 will be automatically distributed to homebuyers when they make a purchase, according to the administration.

FHA Commissioner Dana Wade said this was the first time there have been no material weaknesses or significant deficiencies identified with its financial statements.

The U.S. Department of Agriculture plans to make it mandatory for lenders to use its guaranteed underwriting/loan closing system for all single-family loans.

FHA delinquencies are a paramount concern for regulators and lenders but the MMIF closed fiscal 2020 on solid footing. (Includes data chart.)

The Ginnie Mae bulk MSR market has been parched since the pandemic started. Is a recovery finally in the wind?

FHA delinquency rates went down 6 basis points to 15.59%, a Mortgage Bankers Association survey found. Though worth noting: FHA loans in the seriously delinquent category (90-days past due) reached a survey-high of 10.76%.

More issuers are stepping up their game in buyouts of delinquent loans from Ginnie pools. Nonbanks especially. (Includes data chart.)

A new president in the White House means a changing of the guard at HUD, FHA and Ginnie. The candidates are...

Will President-elect Joe Biden live up to his election promise and gut a lender-friendly disparate-impact rule?