Monthly residential government-insured mortgage production was nudged up, though commercial real estate endorsements plunged. The book of business continued to grow.
At the end of August, the Federal Housing Administration had insurance in force on 8,622,052 residential loans for $1.3376 trillion based on monthly operating data.
Making up the most-recent total were $1.1924 trillion in single-family loans, $0.1442 trillion in home-equity conversion mortgages, and $0.0010 trillion in Title I loans.
Source: Mortgage Daily