FHA
Coming Up:
The Liquidity Squeeze In FHA Servicing
The long tail of loss mitigation is now coming into view as FHA’s post-pandemic relief tools give way to repeat defaults, exhausted options, and a swelling foreclosure pipeline
NMP
Late-Stage Delinquencies Rise As Originators Face Growing Credit Quality Headwinds
New Experian data shows rising late-stage mortgage delinquencies are signaling emerging credit stress for originators, even as HELOC performance remains relatively stable
FHA To Lay Off 40% Of Workforce
Mass terminations across the federal government expected to hit federal mortgage insurer
Mortgage Delinquencies Climb In Fourth Quarter
Conventional delinquency rates remain historically low while FHA and VA delinquency rates grow
FHA Proposes Looser Boarder Income Requirements For Qualifying Borrowers
The proposed changes reduce acceptable rental income history from two years to 12 months, among other expansions of FHA guidelines
Fannie And Freddie Detail 2023 Activities In Annual Report
The GSEs increased affordable housing outreach by $180 million last year.
FHA Bias: Originators Need To Educate Real Estate Agents
VA loans are also unpopular for incorrectly skeptical agents
NMP
Potential Government Shutdown Threatens Home Loan Processing
Limited staffing at HUD and USDA may cause delays in FHA, VA, and reverse mortgages, impacting home buyers and the broader housing market.
FHA OKs Modifying Mortgages To 40-Year Terms
Can now extend the term from 360 months to 480 months.
All-Cash Buyers Still Dominate As The Market Slows
31.4% of U.S. home purchases were paid with all cash in July.