United Wholesale Mortgage is offering 5/1 adjustable-rate mortgage options for FHA and VA loans. Such loans are not common in the government-insured market.

HUD OIG reports large collections following audit; HUD Counseling Committee to hold virtual meeting on June 12; Ginnie’s Gormley emphasizes close working relationship with FHA officials; MBA survey sees flat FHA application share.

Housing Secretary Scott Turner refuted the notion that the federal government would sell national park land for housing development.

"Individual investor appetites wax and wane over time," but Ginnie isn't seeing a mass pullback in demand, according to Joseph Gormley, executive vice president at the agency.

House Republicans introduced bills to expand production of, and access to, manufactured housing as one antidote to the current housing shortage.

Joseph Gormley, the recently-appointed executive vice president of Ginnie Mae, said foreign interest in Ginnie securities might soon come from beyond the typical investors.

Fintech firm Pagaya will issue an ABS backed by small, short-term consumer loans originated through point-of-sale service Klarna.

The bill includes planned extensions of several measures from the 2017 tax reform, and an extension of the mortgage interest deduction.

The bill would cost $10 million in FY 2025 and would save $147 million over the next decade, CBO estimates.

Among the top 20 Ginnie issuers in April, just two were federally insured depositories.