MBA responded to FHA and Ginnie Mae’s request for input on how to modernize and strengthen the Home Equity Conversion Mortgage and HECM Mortgage-Backed Securities programs to better serve senior homeowners and support market liquidity.
Tag: FHA
MBA Responds to FHA Regarding ‘Buy Now Pay Later’ Debt
MBA responded to the Federal Housing Administration’s Request for Information concerning Buy Now Pay Later debt.
MBA Supports Nominations of Joe Gormley, Frank Cassidy to Lead Ginnie Mae and Federal Housing Administration
MBA President and CEO Bob Broeksmit, CMB, released two statements over the weekend supporting the nomination of Joe Gormley to serve as President of Ginnie Mae and Frank Cassidy to be Commissioner of the Federal Housing Administration.
MBA Statement on FHA’s Adoption of New Loss Mitigation Safeguards
MBA’s President and CEO Bob Broeksmit, CMB, released a statement on the Federal Housing Administration’s (FHA) adoption of new loss mitigation safeguards.
FHA Further Extends Foreclosure Moratoriums for Borrowers Affected by Hurricanes Helene, Milton
The Federal Housing Administration on Tuesday published Mortgagee Letter 2025-10, further extending the foreclosure moratoriums for areas affected by Hurricanes Helene and Milton through July 10, 2025.
Chart of the Week: Mortgage Delinquency Rate Spreads by Product Type
According to the latest results from MBA’s National Delinquency Survey (NDS), the overall delinquency rate for mortgage loans on one‐to‐four‐unit residential properties increased to a seasonally adjusted rate of 3.98 percent of all loans outstanding at the end of the fourth quarter of 2024.
MBA, Other Groups Send FHA Letter on Loss Mitigation Update Recommendations
The Mortgage Bankers Association, along with a number of other trade groups, sent a letter to FHA on its November 2024 proposal on loss mitigation updates to its Servicing Handbook.
FHA Extends Foreclosure Moratoriums for Borrowers Affected by Hurricanes Helene, Milton
The Federal Housing Administration on Friday extended the foreclosure moratoriums in connection with Hurricanes Helene and Milton through April 11, 2025.
FHA Revises Cyber Incident Reporting Requirements
The Federal Housing Administration on Monday updated its requirements for cyber incident reporting.
HUD Announces 2025 Loan Limits
The Federal Housing Administration announced new loan limits for calendar year 2025 for its Single-Family Title II forward and Home Equity Conversion Mortgage insurance programs.