FHA Commissioner Julia Gordon spoke Tuesday at an online housing counseling conference hosted by the Department of Housing and Urban Development’s Office of Housing Counseling.

All the top bank ABS investors reported reductions in their portfolios during the second quarter.

“The real issue with housing is that we have had — and are on track to continue to have — not enough housing,” said Fed Chair Jerome Powell.

Originations of purchase mortgages are forecast to increase by 15% on an annual basis in 2025.

HUD's Office of Housing Counseling is partnering with Zillow to display HUD’s “Let’s Make Home the Goal” on Zillow's digital platforms.

A&D Mortgage has partnered with Atlas Merchant Capital to fund more expanded-credit MBS transactions.

Khalil Kanaan, head of residential mortgage at LibreMax, an asset manager that has invested in home equity investments, said the products offer unlevered returns in the low double digits.

Loan applications are increasing as mortgage interest rates decline.

Growth in first-lien holdings occurred outside of the top three banks, which all shrank their portfolios in the second quarter.

“These rules must be updated, and your efforts to stop regulators from doing so is unjustified and harmful,” Sens. Elizabeth Warren and Maxine Waters wrote in a letter to the Chamber of Commerce and the American Bankers Association.