FHA Commissioner Julia Gordon said creating the infrastructure FHA wants from a technology perspective or a contracting perspective is difficult in the current environment.

The comment period closed last week on a July proposal from HUD.

Lending tied to the GSEs will largely carry on as usual though government-insured business could face some difficulties during a government shutdown.

Brokers saw the biggest sequential increase in FHA/VA business, with volume up 59.1% from the first quarter to $13.35 billion.

Late last year, Ginnie seized the mortgage servicing assets of Reverse Mortgage Funding after the company filed for bankruptcy, citing liquidity issues.

Former Ginnie Mae President Ted Tozer wants FHA to consider adjusting or eliminating its minimum downpayment requirement to put homeownership in the reach of more consumers.

The CFPB examined direct mail ads for reverse mortgages.

Some $36.47 billion of Ginnie MBS was issued in August, essentially level compared with July.

Downward pressure on home prices from rates and upward pressure from demand and limited inventory will likely balance each other out.

The Departments of Agriculture and Housing and Urban Development recently issued a proposal for new energy standards for new construction.