The Urban Institute has recommended the government-sponsored enterprises spearhead an effort to make condo lending and construction less risky.

President Trump said he will not sign the 21st Century ROAD to Housing Act until Congress passes the election bill.

FHA is aiming its deregulatory efforts at barriers that make its programs less attractive to lenders.

Matt Jones, FHA single-family housing deputy assistant secretary, indicated the agency believed the rescissions would make the FHA program more accessible to a wide range of lenders.

Mutual of Omaha Mortgage and Finance of America Mortgage, the top two lenders in the sector, lost some market share in the first quarter.

A lack of internal candidates has clouded the replacement process for former FHA Commissioner Frank Cassidy.

Guild Mortgage Company and Movement Mortgage both saw successful first quarters in home equity conversion mortgage lending that led them to gain market share from other top HECM lenders. (Includes three data tables.)

The U.S. Department of Agriculture announced plans to modernize the systems that support its many lending programs, combining them into one platform.

The upper ranks of FHA management have been thinned out by resignations over the last year, and the Senate’s on crunch time until midterms, meaning there’s a chance Ginnie Mae president Joe Gormley could be helming both agencies for a while.

Provisions designed to increase borrower awareness of the availability of home loans backed by the Department of Veterans Affairs remain in an expansive housing bill that Congress could pass as soon as next week. The MBA has expressed operational concerns.