“A stunning five million families are still in their homes, thanks in large to your grace and good work. It’s tough to overstate the difference you made. We’ve heard a lot of talk about ‘stimulus’ and ‘relief,’ but you did more than anyone else to make those words a reality. When interest rates fell, you helped borrowers turn them into refis. And when checks went out, you helped families turn them into the down payment on a new home.” --MBA President & CEO Bob Broeksmit, CMB.

It took nearly a year, and by the slimmest of margins, the Senate late Wednesday finally confirmed Julia Gordon, as FHA Commissioner.

Seemingly little things can have big consequences. For the insurance industry, said TransUnion, Chicago, the delay in Millennial homeownership has had ripple effects that insurance providers are feeling now.

ATTOM, Irvine, Calif., reported properties with foreclosure filings in April fell by 8 percent from March but jumped by 160 percent from a year ago. Completed foreclosures, meanwhile, fell by 36 percent from March.