Planet Home Lending activated the Ginnie Mae pools issued for immediate transfer program in the third quarter in response to mounting demand from its correspondent lender partners.
Industry groups recommended that FHA consider reverting the upfront mortgage insurance premiums on home equity conversion mortgages to the previous risk-based model.
In response to questions from Senate Democrats, nominees for HUD positions expressed views in line with the Trump administration’s restrictions on FHA loans for non-permanent residents.
FHA has rescinded a pair of policies enacted in 2022 that were meant to give owner-occupants an upper hand in foreclosure sales over institutional investors.
The requirements for new construction were established in a final rule issued in April 2024. The temporary waiver was prompted by executive orders from President Trump.