In an unanticipated move yesterday, the Federal Emergency Management Agency announced that it will halt regular National Flood Insurance Program operations during the government shutdown, a decision that will complicate and potentially delay loan closings for borrowers seeking mortgages where NFIP coverage is required.

The number of home loans backed by Fannie Mae and Freddie Mac that are 60 or more days past due fell from 1.2 percent to 1.1 percent at the end of the third quarter, according to the Federal Housing Finance Agency’s foreclosure prevention report released today.

The Federal Housing Finance Agency today issued the metrics on which it will assess the 2019 performance of Fannie Mae, Freddie Mac and their jointly owned securitization platform, which will be implemented for the “Single Security” to be issued by both GSEs in the second quarter of 2019.

"Innovation doesn't have to be in technology," says Julieann Thurlow. "Innovation can be rethinking about a problem and really thinking about what consumers want and where the need is."

The maximum conforming loan limits for mortgages the Federal Housing Administration will insure will increase in 2019, the agency said today

As directed by regulatory reform law S. 2155, the Federal Housing Finance Agency today issued a proposed rule to establish new requirements for the validation and approval of credit score models by Fannie Mae and Freddie Mac.

The share of current and performing first-lien mortgages in the third quarter of 2018 was 95.4 percent, up from 94.8 percent a year ago, according to the Mortgage Metrics Report released today by the OCC.

Can home prices continue to rise if wages don’t keep up?

The National Flood Insurance Program is set to lapse on Nov. 30. Here's what bankers can do to prepare.