At a congressional hearing, industry stakeholders called for increased funding to boost technology and staffing at rural housing programs.

Lenders funded $17.71 billion of home-equity conversion mortgages during the first six months of the year as housing wealth continues to grow among homeowners 62 and older. (Includes three data charts.)

FHA and VA forward endorsements continued to trend downward during the second quarter of 2022 despite an increase in purchase-mortgage business guaranteed by the two government agencies. (Includes three data charts.)

The government mortgage insurer wants to see how decisions made during the origination process impact the loan life cycle.

American Financial Network has agreed to pay roughly $1 million to settle allegations it fraudulently originated FHA loans.

Commenters said the challenges that servicers face in responding to COVID-related loss-mitigation programs argue against a rush by VA to implement its servicer tier rankings.

The government agency is investing $470,000 in a sweat equity program in which homebuyers in rural southwest Pennsylvania will contribute to the construction or rehabilitation of their houses.

Government lending declined across all three major production channels during the first quarter of 2022. However, the correspondent platform was able to significantly boost its market share. (Includes data chart.)

Officials from FHA, VA and USDA’s Rural Housing Service recently discussed how to help borrowers through the challenges of today’s volatile housing market.

UWM’s “Government Elite” program offers pricing advantages on FHA and VA loans for borrowers that meet minimum credit scores.