Brendan Kelleher of MBA said one challenge in underwriting BNPL loans is their inconsistent visibility in borrower credit profiles.

Issuance of Ginnie Mae single-family mortgage-backed securities declined slightly in August. FHA deliveries were off by 1.9% due to a downturn in purchase mortgages. (Includes two data tables.)

A change to language guiding the application of partial payments to a delinquent FHA mortgage creates a conflict with the first legal deadline for servicers to begin foreclosure proceedings, said Donna Schmidt, managing director at DLS Servicing.

The Department of Housing and Urban Development included a proposed rule in its spring regulatory agenda to restrict the steel chassis requirements for manufactured housing to the bottom floor of a multistory structure.

Lenders and consumer advocates urged FHA to study the financial habits of users of buy-now-pay-later services before making policy changes to how the accounts are used in mortgage underwriting calculations.

FHA will begin transitioning appraisal forms to the Uniform Appraisal Dataset 3.6 in the spring.

Researchers at the think tank said changes need to be made to bring loss mitigation at the Department of Veterans Affairs in line with FHA servicing protocols.

The Department of Veterans Affairs recently backed its 29 millionth mortgage, with VA lending up following a post-pandemic slump.

FHA updates EDI layout; HUD changes Section 184 residency requirements; FHA and VA application shares rise.

The commercial real estate firm issued its first public securitization of billboard property rights — a rarity in the ABS market.