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.
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Trade Groups Push for FY 2024 Funding of FHA and Ginnie Mae
Seven industry trade groups have reached out to members of Congress to support the full funding of both the FHA and Ginnie Mae for Fiscal Year 2024 to enable the ongoing commitment to affordable homeownership initiatives.
Read More »Timothy Ofak Takes Lead of Weiner Brodsky Kider Litigation Practice Group
Continuing its role as provider of counsel to the U.S. financial services industry, Weiner Brodsky Kider promotes 17-year industry veteran to lead group serving clients facing government actions and private suits.
Read More »FHA Amends Policies to Expedite HECM Processing
New policies set forth by the FHA in Mortgagee Letter 2023-10 will shorten the timeframe for mortgagees to receive Home Equity Conversion Mortgage assignment funds.
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