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.

Refinances made up nearly 50% of the reverse mortgages originated in the second quarter of 2021. Overall volume in the HECM market increased in the first six months compared to the same period a year earlier. (Includes two data charts.)

The growth gap between private mortgage insurers and insurance-in-force at FHA widened in the second quarter, Keefe, Bruyette & Woods said in a new report.

A continuing shortage of housing inventory makes it more important than ever that sellers and real estate agents understand how quickly VA loans can close. At least, that’s what VA lenders believe.