FHA

The Trump administration will ask for more funds to improve the Federal Housing Administration's risk management systems as part of its budget expected to be released Tuesday, according to a leaked version.

Nationstar Mortgage is issuing its seventh securitization of nonperforming reverse mortgages.

The delinquency rate of Federal Housing Administration-insured mortgages fell to a historic low in the first quarter, fueling more calls for a reduction in the agency's annual premium.

Reverse mortgage lender Financial Freedom has agreed to pay $89 million to settle False Claims Act allegations involving unearned interest payments it received from the Federal Housing Administration.

Mortgage applications decreased 4.1% from one week earlier as the refinance share hit an eight-plus-year low, according to the Mortgage Bankers Association.

Lower defaults among government-guaranteed mortgage borrowers drove the overall delinquency rate down, the Mortgage Bankers Association said.

All post-closing reviews of new Federal Housing Administration-insured mortgages must now use the defect taxonomy, effective immediately.

There were fewer new home purchase loan applications in April, as year-over-year activity declined for the first time in 2017.

Mortgage applications increased 2.4% from one week earlier as there was little movement in interest rates, according to the Mortgage Bankers Association.

Private mortgage insurers have brought their once-beleaguered sector back to financial health. But rebuilding trust with their business partners is still a work in progress.

Mortgage application volume decreased 0.1% from one week earlier as refinance activity resumed its decline, according to the Mortgage Bankers Association.

Mortgage application volume increased 2.7% for the week of April 21 as more consumers applied for refinance loans.

Mortgage application volume decreased 1.8% from the previous week driven by lower purchase activity, according to the Mortgage Bankers Association.

Lawmakers from both political parties are increasingly interested in forcing lenders that offer loans to upgrade home heating and cooling systems to issue better disclosures, a prospect that has some in the industry nervous.

New home purchase loan application activity reached its highest point in March as builders looked to fill the growing demand for housing.

Mortgage applications increased 1.5% from one week earlier even though refinancing activity continues to shrink, according to the Mortgage Bankers Association.

The Federal Housing Administration needs additional funds to replace a 1960s-era computer operating system and make other necessary tech updates.

Closing times for millennials' loans were slightly quicker than closing times in the larger market during February.

Mortgage applications decreased 1.6% from one week earlier as refinancing activity continues to shrink, according to the Mortgage Bankers Association.

Speaking at a town hall event in Washington, JPMorgan Chase CEO Jamie Dimon said that post-crisis regulations have made mortgages too costly for consumers — and made homeownership unattainable for borrowers with low incomes or blemished credit histories.