Ginnie Mae last week proposed a new pool type to allow repooling of home equity conversion mortgages that have reached their buyout limit. Comments on the HMBS 2.0 term sheet are due July 31.
Borrowers’ perceptions of their home valuations are influenced by localized stressors, according to economists in HUD’s Office of Policy Development and Research.
Age and mobility account for 73% of the homeownership gap between active-duty servicemembers and the nonmilitary population, according to a recent report from the Urban Institute’s Housing Finance Policy Center.
FHA to host stakeholder meeting on new reconsideration of value requirements; former Ginnie Mae executive joins the Housing Policy Center; and more news in brief.
Moody’s Analytics Chief Economist Mark Zandi said movement in interest rates will be tied to how well deficit reduction is addressed by the next administration.
Regulatory policy around climate change should consider the broader market and not merely the safety and soundness of individual banks, according to a new paper from the Office of Financial Research.