A sign of trouble ahead: December job losses, mainly in the leisure and hospitality sector.

Pass-Through Assistance Program advances outstanding were a mere $320,456 as of Jan. 4.

In 2019, FHA endorsed $940 million of loans that had private insurance instead of the required National Flood Insurance Program coverage.

According to a civil complaint, real estate purchased at depressed short sale prices were submitted to the FHA for insurance.

Trade groups called for quick disbursement of money allocated for renters and housing from the recently passed COVID-19 relief package.

Ginnie extends deadline for HECM MBS securitization; FHA updates TOTAL Scorecard; FHA Connection updated.

United Wholesale Mortgage, a top-ranked government lender, will become public sometime next month. At least, that’s what the firm is planning. Meanwhile, the nonbank is being sued by a small group of loan brokers over commissions.

FHA Chief Dana Wade believes a foreclosure crisis will not present itself in the near future due to FHA providing “so many” relief options to borrowers. Meanwhile, she suggested the MI be spun off from HUD.

Home Equity Conversion Mortgage production increased 19.6% in the third quarter and a whopping 56.9% through the first nine months of 2020.

When it comes to early buyouts, most of the action, to date, has centered on FHA product.