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.

While the CFPB might not move forward with rulemaking in the coming months, Director Rohit Chopra is expected to push forward with exams and advisory opinions.

While the Fed hasn’t formally announced any intention to sell its MBS holdings in the short term, many market participants expect it to happen at some point in the future.