The largest fine, for $16 million, was levied on Dwight Capital for supposedly charging loan fees in excess of 5%...

The top three HECM lenders in 2022: American Advisors, Mutual of Omaha Mortgage and Finance of America...

The reverse-mortgage market was virtually glowing last year, with production increasing 24.6% to a whopping $29.65 billion. But much of that activity was front-loaded in the first six months. (Includes three data charts.)

Originations of FHA and VA loans through the retail channel dropped a hefty 52.5% in 2022, allowing the correspondent channel to become the dominant source of government-insured lending. (Includes data chart.)

Although the share of Ginnie Mae loans in forbearance decreased to 1.28% in February from 1.37% the prior month, there are still concerns about FHA/VA loan performance.

The Department of Housing and Urban Development took actions against 65 FHA lenders last year for various program violations.

The Center for Responsible Lending and the American Enterprise Institute want FHA and VA to implement measures to discourage harmful cash-out refinancings.

The Mortgage Bankers Association recommended the Department of Housing and Urban Development publish its proposed Section 184 guidelines in a policy handbook similar to FHA’s rather than in a Code of Federal Regulation.

The interest rate on VA’s Native American Direct Loan program has been lowered to 2.5% for the next two years.

The Biden administration’s fiscal 2024 budget request includes $61 million for Ginnie Mae; HUD proposes modernized flood mitigation standards; HUD reinstates 2013 discriminatory effects standard; HUD announces fair housing grants.