The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) reported a solid year of financial performance for the Mutual Mortgage Insurance (MMI) Fund,… Read More »HousingWire – MMI Fund capital reserve is now 5X larger than required
The reverse mortgage portion of the Federal Housing Administration’s (FHA)’s Mutual Mortgage Insurance Fund (MMIF) has reached a positive capital ratio for the fourth year in… Read More »HousingWire – 2024 MMI report: HECM remains in the black
The bulk of more sizable, rated nonbank mortgage companies will start the new year on better footing than 12 months earlier, but they face interest-rate… Read More »National mortgage news – large nonbanks are on better financial footing ahead of 2025
Ginnie Mae on Thursday followed through on a plan to offer capital relief to nonbank securitization issuers who can demonstrate they’re managing their interest rate… Read More »National Mortgage News – Ginnie Mae confirms nonbank capital relief, reveals terms
CHLA hailed the announcement by Ginnie Mae that defines the ’effective’ hedging of mortgage servicing rights
Electing Trump for a second term shows that despite high housing costs, voters were more focused on other, more fundamental economic issues