Sen. Tim Scott, R-SC, called for stronger flood mitigation efforts by states, more reliable funding for NFIP and more accurate flood maps.

U.S. Mortgage Insurers warned federal banking regulators against unintended consequences to the housing market if they finalize changes to capital requirements for large banks without fixes.

“We are really having a working class, middle-class insurance affordability problem around the country,” said Michael Hecht, CEO of Greater New Orleans Inc.

Barbara Cooper-Jones, Ginnie Mae’s soon-to-be-retiring tech senior vice present, expresses concerns surrounding staffing and funding at the agency.

President Biden late last week signed a short-term continuing resolution to keep federal agencies open through March 1.

Barbara Cooper-Jones will put her retirement plans on hold for a few months to help ensure a smooth transition for her eventual replacement.

Barbara Cooper-Jones, the outgoing senior vice president of Ginnie’s Office of Enterprise Data & Technology Solutions, is widely credited with helping to modernize the agency’s technology platform.

HUD Secretary Marcia Fudge last week indicated she’d be willing to revisit the FHA mortgage insurance policy that requires borrowers to pay premiums for the life of the loan.

Ginnie Mae is evaluating a new security backed by FHA home equity conversion loans that have reached balances above 98% of their maximum claim amounts.

The Mortgage Bankers Association has expressed support for FHA’s effort to update its housing rehabilitation loan program as one way to address housing supply challenges.