FHA is planning significant reductions to both the upfront and annual mortgage insurance premiums for most Section 232 program mortgages of green residential care facilities.

The slowing pace of delinquencies helped mitigate the impact of a reduction in new private mortgage insurance policies written as mortgage originations slowed.

Some 50% of active-duty servicemembers surveyed believe they can use a VA home loan only once.

A HUD policy update has “unintentionally eliminated” reimbursements to servicers for property preservation and protection expenses that occur before a foreclosure process begins.

The correspondent share of government-insured mortgage originations increased modestly in 2021. Meanwhile, the retail and broker channels both lost some market share. (Includes data chart.)

Borrowers with FHA loans don’t always have enough flood insurance, according to a recent report by HUD’s Office of Inspector General.

Leslie Rouda Smith of the National Association of Realtors and John Bell of the Department of Veterans Affairs partnered on two training videos to increase awareness of the benefits of the VA home loan program.

Demand for reverse mortgages has grown in recent years, with more expansion expected in 2022 for both FHA home-equity conversion mortgages and proprietary reverse loans.

Veterans still recovering from the financial impact of the pandemic are tapping into home equity, according to ClearPath Lending officials.

FHA and VA loan origination volumes were only slightly off record levels set in 2021, despite a significant decline in refinance activity in the second half of last year. (Includes three data charts.)