March 18, 2022

HECM Lending Continued to March Higher in 2021

Home equity conversion mortgage originations increased dramatically for the second straight year with FHA endorsements totaling $23.80 billion in 2021, a 33.9% increase from the prior year. (Includes three data charts.) Read More

New Omnibus Spending Bill Increases HUD’s Budget

The Consolidated Appropriations Act of 2022 includes $53.7 billion for the Department of Housing and Urban Development. Read More

NAHREP Report Calls for FHA Policy Updates

FHA loans can make homebuyers less competitive in a tight housing market, according to a report from the National Association of Hispanic Real Estate Professionals. Read More

NAR, VA Join Hands to Boost Veterans Homeownership

Leslie Rouda Smith of the National Association of Realtors and John Bell of the Department of Veterans Affairs partnered on two training videos to increase awareness of the benefits of the VA home loan program. Read More

Ginnie Forbearance Reading Declines But Rate Slows

COVID-19-related circumstances were a factor for about 96% of the loans in forbearance in Ginnie MBS at the end of December. Read More

HUD OIG Warns Borrowers of Loan-Modification Scams

Homeowners should be wary of “too good to be true” schemes involving loan modifications and foreclosure rescues, the HUD’s internal watchdog warned. Read More

USDA Offering Loans for Off-Farm Labor Housing

The Department of Agriculture’s Rural Housing Service is taking pre-applications for loans and grants to improve off-farm labor housing. Read More

Borrower Pleads Guilty to FHA Loan Application Fraud

A North Providence, RI, woman has pleaded guilty to providing false information to a mortgage lender when applying for an FHA mortgage. Read More

Around the Industry

FHA enhances e-submission of flood insurance data; USDA seeking deferral-assistance applications; HUD introduces new HECM client budget tool; NRMLA to host webinar on best practices; MISMO seeks comments on new MI activation API; FHA introduces Spanish language training. Read More

Inside FHA/VA Lending

View Archived Issues

HECM Lending Continued to March Higher in 2021

New Omnibus Spending Bill Increases HUD’s Budget

NAHREP Report Calls for FHA Policy Updates

NAR, VA Join Hands to Boost Veterans Homeownership

Ginnie Forbearance Reading Declines But Rate Slows

HUD OIG Warns Borrowers of Loan-Modification Scams

USDA Offering Loans for Off-Farm Labor Housing

Borrower Pleads Guilty to FHA Loan Application Fraud

Around the Industry

Latest Imf News

Purchase-Mortgage and Refi Volume Diverge in Second Quarter

Losses Increase at Homebuilder Hovnanian Enterprises

Insurance Companies Add to Whole-Loan Mortgage Holdings

New Listings for Homes Up, Asking Price Slips

Featured Data

GSEs Deliver Consistent Profits; No Closer to Solvency

Bank Mortgage Earnings Tick Up in Second Quarter

Non-Agency Pushes CMBS Issuance Up Slightly in 2Q

PMIs Gain Purchase Share, Refinance Share Slips

Featured Reports

Agency Seller-Issuer Profile: 1Q26 (PDF)

2026 Mortgage Market Statistical Annual (PDF)

IMF HMDA Dashboard: 2025

Guide to Mortgage Lending to First-Time Homebuyers

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

Inside FHA/VA Lending

March 18, 2022

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?