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Ginnie Mae MBS Portfolio Expands to $2.3T

Ginnie Mae’s mortgage-backed securities outstanding portfolio grew for the 14th consecutive month in August, hitting $2.269 trillion, up from $2.248 trillion in July, and $2.119 trillion last year. This growth was fueled by steady new issuance of Ginnie Mae MBS ...

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HUD Unveils $40M Funding to Protect Families From Safety Hazards

The U.S. Department of Housing and Urban Development (HUD) today announced the availability of $40 million through the Healthy Homes Production Grant Program to help transform communities by fixing older housing, preserving affordable housing, and improving communities and the health ...

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HUD Releases FMRs for Fiscal Year 2023

The U.S. Department of Housing and Urban Development (HUD) has today published Fair Market Rents (FMRs) for Fiscal Year 2023. FMRs, published annually, are an estimate of the amount of money that would cover gross rents (rent and utility expenses) ...

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Zeroing in on Servicer Convenience Fees

The CFPB and state regulatory bodies are closely scrutinizing all mortgage-related fees, from the start of a loan to the ongoing servicing of the loan, to ensure compliance with the Fair Debt Collection Practices Act.

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