Spouses and children of Black World War II veterans who were shut out of the VA home loan program would be eligible under new legislation introduced this month.

Veterans United Home Loans offered to pay off the mortgage of 11 borrowers as part of a Veterans Day promotion.

FHA Principal Deputy Assistant Lopa Kolluri discussed the home equity conversion mortgage program and return-to-work at the National Reverse Mortgage Lenders Association’s annual convention.

Positive results in the forthcoming audit report to Congress on the status of the FHA insurance fund could prompt a reduction in premiums (or so the industry hopes).

Lenders need to do more to boost first-time homeownership among low- to moderate-income households, according to panelists speaking at the Mortgage Bankers Association’s annual convention.

Still, very few homeowners age 62 and above have accessed their home equity since the 2008 housing bust.

Officials from VA and Ginnie Mae detail plans to modernize technology systems to better serve borrowers, investors and regulators.

The Mortgage Bankers Association and the Housing Policy Council seek clarification on recent updates to FHA’s single-family handbook.

A number of companies gained market share in government lending during the second quarter as the industry leaders, Freedom Mortgage and PennyMac, reported declining production. (Includes data chart.)

The Congressional Budget Office estimate compares to a record 2020 that saw VA guarantees total more than $375 billion.