There was little change in monthly endorsements by the Federal Housing Administration, though business is poised for an increase. Delinquency improved, and commercial endorsements moved higher.
FHA insurance was in force on 8,614,868 residential loans for $1.3248 trillion as of April 30, according to an analysis of data reported by the Department of Housing and Urban Development.
Included in the total were $1.1765 trillion in single-family loans, $0.1474 trillion in home-equity conversion mortgages, and $0.0010 trillion in Title I loans.
Source: Mortgage Daily
