Monthly residential production picked up at the Federal Housing Administration, with reverse mortgage endorsements spiking. Single-family delinquency was down, and commercial mortgage endorsements jumped.
As of Jan. 31, FHA insurance was in force on 8,614,126 residential loans for $1.3183 trillion, according to an analysis of data reported by the Department of Housing and Urban Development.
The total included $1.1699 trillion in single-family loans, $0.1474 trillion in home-equity conversion mortgages and $0.0001 trillion in Title I loans.
Source: Mortgage Daily