Priorities at FHA include facilitating loan assumptions and originations of small-balance mortgages.

Beginning in 2024 cities and counties in California can adopt ordinances to let an accessory dwelling unit be sold or conveyed separately from the primary residence.

The bad news: FHA delinquencies jumped to 8.76%...

The Ginnie Mae mortgage servicing market saw a modest growth from the second to the third quarter. Overall, the performance of loans in Ginnie MBS deteriorated but the pace of serious delinquencies declined in both FHA and VA programs. (Includes four data tables.)

Officials from FHA, VA and USDA spoke about their plans to promote affordable homeownership at the Mortgage Bankers Association’s annual convention this week.

FHA Commissioner Julia Gordon this week returned to her hometown of Philadelphia to address attendees at the Mortgage Bankers Association’s annual convention.

Former Ginnie Mae President Ted Tozer wants the Biden administration to make a program supporting nonbank issuer liquidity a high priority.

FHA finalized a rule revising its rental income policies and property eligibility requirements for loans for properties with accessory dwelling units.

Among the clarifications, Rural Development said that if a loan applicant owns a business, the loan officer must closely examine whether assets are co-mingled between business and personal accounts.

Before a VA loan closes, lenders should establish the funding fee exemption status of the borrower, VA clarified.