The proposal aims to ensure governmental entities that participate in downpayment assistance programs do not benefit financially.

The current method for calculating monthly student-loan payments results in artificially inflated debt-to-income ratios.

The extension applies to loans that were current or less than 30 days past due as of March 1 and go into default before Nov. 30.

Ted Tozer, the former Ginnie president, wants to head off a potential liquidity crisis before it happens. Is anyone listening?

One option places past-due mortgage amounts in separate junior liens of up to 30% of the outstanding. The lien is repayable when the mortgage ends, which is usually when a borrower refinances or sells their home.

The internal watchdog has raised concerns about HUD’s inability to identify and track personally identifiable information on one billion records.

The government guarantor will begin accepting electronic promissory notes and other digitized loan files for its MBS program.

Ginnie Mae recently changed pooling practices tied to the buyout of delinquent mortgages from its MBS.

Lenders don’t have to provide re-verification of borrower employment to HUD within 10 days of the mortgage note.