HUD announced $28,625,000 available to fair housing organizations across the nation working to fight housing discrimination. The funds will support a variety of activities, including fair housing education and outreach, testing and enforcement, through the Department’s Fair Housing Initiatives Program.
Tag: Ginnie Mae

Industry Briefs Sept. 23, 2022: CFPB Annual Report Shows End to Refi Boom, Rise in Home Purchase Loans
The Consumer Financial Protection Bureau released its annual report on residential mortgage lending activity and trends for 2021. The report shows a shift from refinance loans in 2020 to home purchase loans in 2021, with a greater share of home purchase loans going to Asian, Black and Hispanic white borrowers

MISMO Fall Summit: Ginnie Mae Puts Foot on Gas Pedal
WASHINGTON, D.C.—Ginnie Mae President Alanna McCargo will be the first to tell you that “speed” and “innovation” rarely appear in the same sentence with “federal agencies.” But she’d also be the first to tell you that it is possible.

MISMO Fall Summit: Ginnie Mae Puts Foot on Gas Pedal
WASHINGTON, D.C.—Ginnie Mae President Alanna McCargo will be the first to tell you that “speed” and “innovation” rarely appear in the same sentence with “federal agencies.” But she’d also be the first to tell you that it is possible.

Industry Briefs Aug. 25, 2022: STRATMOR GROUP Addresses Challenging Leads Environment
In the mortgage industry’s current environment of rising rates, shrinking volumes and tight-enough-to-choke margins, lenders are faced with making tough decisions in their efforts to “right the ship,” according to mortgage advisory firm STRATMOR Group, Greenwood Village, Colo.

Industry Briefs Aug. 23, 2022: Vice Capital Markets Releases API for Freddie Mac Cash Purchase Statement
Vice Capital Markets, Novi, Mich., released an integration for Freddie Mac’s Cash Settlement Purchase Statement application programming interface.

FHFA, Ginnie Mae Update Capital, Liquidity, Net Worth Requirements for Seller/Servicers, Issuers
The Federal Housing Finance Agency and Ginnie Mae updated their minimum financial eligibility requirements for seller/servicers and issuers on Wednesday.

FHFA, Ginnie Mae Update Capital, Liquidity, Net Worth Requirements for Seller/Servicers, Issuers
The Federal Housing Finance Agency and Ginnie Mae updated their minimum financial eligibility requirements for seller/servicers and issuers on Wednesday.

Ginnie Mae Outlines Plan to Fight Housing Costs, Boost Housing Supply
Ginnie Mae on Wednesday said it will take on a larger role in HUD’s efforts to fight rising housing costs and boost housing supply, releasing a Fact Sheet outlining its efforts to drive liquidity toward equitable and affordable housing.