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.

New claim types available: the Claims Without Conveyance of Title and the COVID-19 National Emergency Standalone Partial Claim.

FHA revises URLA form; MI premium tax deduction extended; CFPB warns about HECM scams.

The incoming Biden administration has picked a HUD secretary, legislator Marcia Fudge. Next up: the FHA and Ginnie Mae jobs.

It’s no secret that early buyouts of delinquent FHA and VA loans are rising. Ginnie Mae, as might be expected, is keeping a close watch. (Includes data chart.)

Ginnie Mae MSR auctions are a reality once again. Stay tuned.

High unemployment readings are fueling an increase in Ginnie forbearance. Trouble ahead?

McDonough will head the second largest federal agency, with more than 400,000 employees and a $200 billion budget.