FHA is making adjustments based on lessons learned from temporary policies established during the pandemic.

“This program will facilitate much-needed liquidity for issuers while improving the stability of the government-backed reverse mortgage market,” said Sam Valverde, Ginnie’s acting president.

The jumbo share of total first-lien originations narrowed to 12.4% in the third quarter from 13.1% in the second.

The new plans from FHFA focus on efforts for rural markets, manufactured housing and first-time homebuyers.

Tom Rettinger, chief portfolio risk officer at CrossCountry Mortgage, noted that prepayment models were built for a more balanced interest rate environment.

Government lending increased by 14.5% while the rest of the market rose just 4.3%.

The initial offering size was $378 million, but Rithm said the deal was increased due to "demand for the securitization's unique structure and underlying asset portfolio."

Two new partnerships were announced this month that will help assist with housing access on tribal lands.

Although existing home sales rose in October, the housing market is on track for its worst year in over a decade, according to Molly Boesel, principal economist at CoreLogic.

The agency heads at the FDIC, OCC and Federal Reserve said they don't foresee any major rulemakings moving forward before the next administration takes over.