According to the MBA, continued challenges in the commercial real estate sector have pushed the delinquency rate on CRE-backed loans higher in the final quarter of 2023.

Due to continued liquidity constraints in the reverse mortgage space, Ginnie Mae has begun exploring a new securitization product that would accept HECM loans with balances above 98% of FHA’s Maximum Claim Amount.

December’s new mortgage-backed securities issuance by Ginnie Mae will support the financing of nearly 95,000 households, including more than 47,000 for first-time homebuyers.

An analysis of data by the FHFA of Uniform Appraisal Dataset Aggregate Statistics for the third quarter has found a year-over-year decline in the total number of U.S. home appraisals.

A new study has found that 96% of millennials cite high interest rates as impacting their homebuying plans, and 70% cite inflation as a hindrance.

HUD’s Office of the Inspector General has issued its Fiscal Year 2024 priority open recommendations report outlining actions that the Department can take to address health and safety in HUD-assisted housing, managing fraud risk and improper payments, and IT and cybersecurity modernization.

Former CEO of Consumer Lending for Wells Fargo joins mortgage loan servicer to lead the company’s origination, servicing, and technology operations.

In an agreement over non-discrimination in marketing and tenanting procedures, HUD renews its commitment to ensuring that all eligible applicants can participate in Department-funded housing programs.

This as the commercial and multifamily mortgage origination markets enter 2024 on unstable footing, with a new MBA poll reporting that 90% of respondents described today’s market as either “somewhat” or “very unsettled.”

The Five Star Institute will present its second annual Velocity conference in Nashville this March, geared toward providing professionals in the REO and adjacent markets with the tools necessary to excel in today’s competitive marketplace.