Euclid Mortgage will provide underwriting services to reinsurance companies that want to diversify by taking on mortgage risk.

If former President Donald Trump is re-elected, there could be some drastic changes to the federal government’s involvement in the housing market, according to speakers at a Bipartisan Policy Center conference.

The Federal Open Market Committee plans to hold interest rates steady until it has greater confidence inflation is heading down toward 2%.

Lenders delivered $27.21 billion of purchase loans into Ginnie MBS in May, up 7.5% from the prior month.

Panelists spoke Tuesday at an event hosted by the Bipartisan Policy Center.

The researchers reviewed DOJ settlements with 17 banks and bank affiliates between 2008 and 2017.

The volume of government purchase loans securitized into Ginnie Mae mortgage-backed securities grew in May for the third month in a row. Refi volume declined somewhat compared with April.

FHA is reviewing a proposal from the National Reverse Mortgage Lenders Association to cut the upfront mortgage insurance premium on home equity conversion mortgages.

The Department of Veterans Affairs said the temporary pause will help fill the gap until servicers fully implement the Veterans Affairs Servicing Purchase home-retention program.

FHA Commissioner Julia Gordon spoke recently with Wendy Penny, associate vice president of affordable housing initiatives at the Mortgage Bankers Association.