Among the areas that need reform, according to two trade groups: There is no secondary market for the loans. Ginnie Mae could remedy that problem by revising its Title I issuer requirements.

The event was intended to dispel myths, provide information and encourage first-time home ownership among millennials, Gen Z and minorities.

Top executives from the nation’s private mortgage insurers say they’re monitoring volatility and preparing for an uptick in unemployment.

In the weeks between the election and the start of the new Congress in January, federal lawmakers will face a legislative crush. Housing issues will have to compete for their attention.

Attorneys for First Guaranty Mortgage Corp. and its creditors met in a U.S. Bankruptcy Court in Delaware this week. The first step in the resolution: selling some of the company’s MSRs.

Gordon said the prolonged confirmation process regarding her appointment interrupted the continuity of leadership at the agency.

Comments are due Jan. 3 of next year...

The delinquency rate for FHA single-family loans pooled in Ginnie Mae mortgage-backed securities increased to 7.29% at the end of September, driven by loans in the 30 to 60 days bucket. (Includes four data charts.)

FHA needs reliable funding to continue its multi-year Catalyst information technology upgrade, Commissioner Julia Gordon said in a recent interview.

As the landscape shifts from refinances to purchase mortgages, the FHA program can be a volume generator, FHA Commissioner Julia Gordon told attendees at the annual Mortgage Bankers Association convention.