FHA servicing volume increased by 2.5% on a quarterly basis, hitting $1.39 trillion at the end of the fourth quarter of 2024.

A former GSE regulator said if the new administration isn’t willing to reduce FHA premiums, it should reset expectations for the capital ratio of the MMIF.

Deliveries to Fannie Mae and Freddie Mac of mortgages with private MI more than quadrupled from the third quarter, hitting $6.58 billion in the fourth quarter.

Sen. Elizabeth Warren, D-MA, the ranking member of the committee, said she was prepared to vote in favor of Turner’s nomination but first wanted to see results from a pending background check on the nominee by the Federal Bureau of Investigation.

Mr. Cooper Group ended the year as the top bulk buyer with $175.93 billion in acquisitions.

Lakeview Loan Servicing remained the top agency servicer, with a $732.56 billion portfolio.

Turner looks likely to easily be confirmed to run HUD, based on his reception by the Senate Committee on Banking, Housing and Urban Affairs.

The top-five Ginnie MBS issuers in 2024: Freedom, PennyMac, UWM, Rocket and Newrez. All are nonbanks.

Deliveries of rate-term refinances into agency MBS declined by almost 40% on a monthly basis in December.

Gift funds from family accounted for more than half of DPA used by FHA borrowers in FY 2024.