Fanie Mae made changes to its HomeReady program and Freddie Mac adjusted its Home Possible program.

The new guidance includes a number of provisions, including a requirement for lenders to escrow PACE payments to protect the FHA from losing collateral in a tax sale.

“[The GSEs’] corrupt business model lets shareholders and executives reap huge profits while the taxpayers cover all losses,” according to the Republican platform.

The changes follow looser underwriting standards implemented by Redwood outside of the MPF Direct product.

Some 5.0 percent of MGIC’s new insurance written in the second quarter of 2016 was for mortgages with loan-to-value ratios above 95 percent.

To help address racial disparities in lending, the NCRC called for expansion of the Community Reinvestment Act, stronger enforcement of the CRA and strengthening of the government-sponsored enterprises’ affordable housing goals.

“Discrimination should have no place in the mortgage industry,” according to the Republican platform.

Officials at Wells Fargo said that in the first month of offering the non-FHA yourFirstMortgage, applications for more than $1.0 billion in production were received.

While FHA forward mortgages continued to be the biggest source of collateral, the VA program actually produced a bigger gain, 42.4 percent, from the first to the second quarter.

Officials at BofA have a positive outlook for originations, with the bank’s first-mortgage production pipeline at higher levels at the end of the second quarter.