The Mortgage Bankers Association fired back in defense of the FHA program and nonbank participants after an opinion piece in the Wall Street Journal suggested nonbanks engaged in risky underwriting under the government guarantee.

Ginnie Mae’s latest Global Markets Analysis Report spotlighted programs that provide financing for FHA Title I and II loans for manufactured and modular homes.

The Department of Veterans Affairs improperly credited an automated appraisal management service it contracted with for work that was done by government employees, according to the Government Accountability Office.

The Urban Institute recommended that FHA efficiently target a few key areas that have the greatest potential to help ensure the success of its small-dollar lending pilot.

Ginnie adds manufactured-home disclosure; FHA application share decreases; Ginnie portal to go offline for update.

Issuance of Ginnie Mae mortgage-backed securities eased in July as securitizations of refinances dropped. (Includes two data tables.)

The nonbank servicer and a tech vendor separately implemented VA’s partial claim loss-mitigation option well in advance of VA’s deadline.

The agency sought to address the legal risks servicers face when foreclosing on a home in which the VA has a partial claim interest.

FHA is testing the Uniform Appraisal Dataset 3.6 among a select group of lenders, as Fannie Mae and Freddie Mac lenders face a mandatory implementation date.

The likelihood that a loan backed by the VA will prepay spikes sharply within the first year after origination, but in a higher rate environment, prepay speeds might be suppressed for a while.