The origination of reverse mortgages fell by 7.3 percent on a sequential basis in the third quarter of 2017 in the wake of changes made to the program by FHA.

FHA saw many of the policies under the previous administration shelved during the first year of the Trump administration, including a proposal for a 25 basis point reduction in the annual mortgage in-surance premium, while waiting for a new commissioner to head the program.

Like scores of other Trump appointees, a final vote on Montgomery’s nomination as assistant secretary for Housing was not acted upon by yearend…

Aggressive FCA enforcement and steep settlement amounts have caused some banks to exit from the FHA market.

The seller will consider separate bids on the conventional and government portions…

Wells Fargo, Quicken, and United Wholesale Mortgage are the top three firms originating these low-downpayment loans…

What could go wrong? For starts, FHA might not be able to pay claims…

Through three quarters this year, retail originations fell 20.2 percent while brokers saw a 10.3 percent production drop and correspondent lending declined by only 1.8 percent.

Certain temporary modifications have been made to allow lenders to submit demographic information if the currently available fields in the system match the data submitted. Otherwise, just leave the fields blank, according to the FHA.

Issuance of mortgage securities backed by USDA loans rose 9.3 percent in the third quarter from the prior period.