NAMB urges FHA to end lifetime mortgage insurance rule
NAMB asks FHA to restore 78% LTV MIP cancellation, citing strong MMI Fund capital and improved housing affordability for first-time, low-income borrowers.
MBA outlines proposed changes to reverse mortgage programs
High upfront costs and burdensome loan processes, plus liquidity rules, limit HECM volume despite strong senior demand; MBA proposes resecuritization, servicer continuity, and MIP changes.