The market share of new versus existing homes for sale varies widely across metropolitan areas.

Reform efforts in the state have focused on increasing the inventory of residentially-zoned land while leaving unaddressed underlying cost drivers constraining feasibility, according to researchers.

According to early estimates by the office of Hawaii Gov. Josh Green, D, on the number of homes in Maui County that might have been impacted, 5,200 mortgages were owned by Freddie Mac, 9,800 by Fannie Mae and 2,400 by Ginnie Mae, including 1,300 FHA mortgages and 927 VA loans.

Ginnie Mae could relieve financial pressure on its nonbank issuers by guaranteeing their short-term obligations, according to a proposal from former Ginnie President Ted Tozer.

The Departments of Agriculture and Housing and Urban Development recently issued a proposal for new energy standards for new construction.

The Department of Housing and Urban Development, Fannie Mae and Freddie Mac reminded lenders and servicers of the options available to homeowners impacted by the deadly wildfires in Maui.

Many smaller lenders can’t access the Ginnie platform because its eligibility standards require issuers to have “huge volumes,” Ginnie President Alanna McCargo noted.

FHA securitization volume declined 5.2%, while issuance tied to VA loans inched up by 1.2% from June to July.

Following several months of steady growth, issuance of Ginnie Mae securitizations dropped slightly in July. (Includes two data charts.)

The Ginnie president said the agency is working with the Federal Home Loan Banks and other government agencies to determine how they might aggregate loans from smaller lenders to give them access to the platform.