Senate committee advances FHA, Ginnie Mae nominees to full vote
Quick confirmation of Gormley and Cassidy is urged to strengthen housing finance, improve affordability, and ensure mortgage market liquidity and stability.
NRMLA backs Gormley and Cassidy for key housing roles
Joseph Gormley nominated as permanent Ginnie Mae president and Joseph Gormley Cassidy nominated to lead the FHA, both receiving NRMLA's strong endorsement.
HECM endorsements rise to highest level since February
The 10-year CMT saw a decrease that spurred a rise in HECM endorsements, leading to 3,784 applications in April. This increase is linked to past interest rates.
Arcasa launches Energy-Smart DPA on Down Payment Resource
The Energy-Smart DPA program, available with Federal Housing Administration (FHA) financing, helps homebuyers fund energy-efficient upgrades while removing the hurdle of a down payment.
FHA cites AI emergence as it archives' inactive policy documents
FHA's archiving of nearly 600 outdated policy documents is a significant step toward increasing government efficiency and clarifying information for lenders and stakeholders.