PennyMac Financial had the biggest correspondent platform in the FHA/VA market at the end of the third quarter, but a handful of competitors were gaining ground. (Includes data chart.)

California continued to have a solid lead in originations of home-equity conversion mortgages in the first nine months of 2021. (Includes two data charts.)

For the first time since late 2019, purchase-mortgage endorsements exceeded new refinance loans in the FHA/VA market. And FHA narrowed the gap between the two programs. (Includes three data charts.)

FHA plans to take a multiprong approach to expanding homeownership among underserved communities as a way to address the racial wealth gap.

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.