Bank noncompliance with RESPA remained a top issue for the Fed in 2023.

Fannie issuance had a healthy sequential boost but year-over-year decline, while Freddie experienced the opposite.

Rate named two new reverse-mortgage veterans to lead its reverse division.

FHA Commissioner Julia Gordon suggested any cut in the mortgage insurance premium would likely wait for the next administration.

Payoffs accounted for 89.1% of total loan liquidations from Ginnie MBS in the third quarter.

The rental income could account for up to 30% of the total income the loan applicant uses to qualify for an FHA mortgage.

William Lansing, CEO of Fair Isaac, said mortgage-originations revenue at the company in the third quarter of 2024 increased by 95% compared with the third quarter of 2023.

CHLA acknowledges that the shift at Ginnie will require additional funding for the agency.

Deliveries of refinances to the government-sponsored enterprises jumped from $9.37 billion in September to $15.59 billion in October.

The GSEs detailed the property insurance requirements in bulletins in February, as directed by the Federal Housing Finance Agency.