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.

Many smaller lenders can’t access the Ginnie platform because its eligibility standards require issuers to have “huge volumes,” Ginnie President Alanna McCargo noted.

Interest rates on FHA mortgages are at levels last seen in 2002.

The uptick was more pronounced for FHA mortgages.

HUD noted that over the years many lenders have moved away from a model of local origination and servicing offices to more centralized operations.

Ginnie issuance increased by 33.7% on a quarterly basis in the second quarter.