FHA needs reliable funding to continue its multi-year Catalyst information technology upgrade, Commissioner Julia Gordon said in a recent interview.

As the landscape shifts from refinances to purchase mortgages, the FHA program can be a volume generator, FHA Commissioner Julia Gordon told attendees at the annual Mortgage Bankers Association convention.

Nonbank issuers participating in Ginnie Mae MBS now have until the end of 2024 to comply with new risk-based capital requirements.

Cash-strapped nonbank servicers were less likely than banks to help borrowers through pandemic-era mortgage relief, according to a new Federal Reserve report on the CARES Act forbearance program.

The Mortgage Bankers Association suggested FHA reinstate a mortgage lender’s option to document a borrower’s previous work history through a verbal verification of employment, among other recommendations.

Ted Tozer, former Ginnie Mae president, is calling for revisions to FHA policy that would encourage the adoption of assumable mortgages.

VA wants to know if its loss-mitigation options are flexible and adaptable enough for transitional times.

Ginnie Mae to ease seasoning requirements for reperforming loans, FHA proposes updating loan limits on its Title I manufactured home program, HUD proposes removing LIBOR for ARMs, and more news.

With the FHA MMIF actuarial audit due next month, industry watchers are speculating the timing of an announcement of a potential MIP cut.

FHA is seeking comments through Dec. 5 on its request for information on barriers to small mortgage lending.