FHA gets a budget boost to stem staff shortages. Is it enough?
The FHA provides mortgage financing for borrowers the conventional market leaves out, yet it has been understaffed for over a decade.
Source: housingwire.com
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HUD says FHA delinquencies "positive sign" as it weighs premium pricing
The serious delinquency rate in the Federal Housing Administration loan portfolio is now less than half its pandemic peak, and the Department of Housing and Urban Development said sustained improvement will factor in to whether it adjusts mortgage insurance premiums.
Source: housingwire.com
FHFA prepares issuer capital rule proposal for nonbanks
This regulatory development is both good news and bad news, depending upon where you happen to sit in the mortgage process.
Source: nationalmortgagenews.com
Targeted News Service
Targeted News Service provides Washington Bureau coverage, federal contract and contracting information for awards and for subcontracting opportunities, a congressional vote chart, federal and congressional press releases.
Source: targetednews.com
Alanna McCargo makes history as Ginnie Mae's first woman president
The new leader, who officially joined the government mortgage-bond insurer on Jan. 3, is the first Senate-confirmed holder of the post in close to five years.
Source: nationalmortgagenews.com