It’s Official: FHA Rolls Out a 30-Basis-Point MIP Cut February 22, 2023 Monica Hogan The mortgage and housing industry for some time have been anticipating an MIP cut...Read More
HUD Faced Difficulties Facilitating Telework February 15, 2023 Monica Hogan HUD telework infrastructure was insufficient, at times, during the pandemic, according to findings by HUD’s Office of Inspector General.Read More
FHA, VA Urged to Adopt Automated Valuation Models February 13, 2023 Monica Hogan FHA, VA and Ginnie Mae should use automated valuation models to improve appraisals, according to recommendations published by the Urban Institute.Read More
4Q Product Mix Analysis: Conventional Hit the Hardest February 9, 2023 John Bancroft Government-insured lending looked almost alive in comparison...Read More
Lakeview Dethrones Freedom Mortgage as the Largest GNMA Servicer February 1, 2023 Andras Malatinszky Among the top-10 GNMA servciers, just two are federally insured depositories: Wells Fargo and U.S. Bank.Read More
A Good Year for Ginnie, With Net Profits Just Shy of $1.5 Billion January 31, 2023 Brandon Ivey Mortgage firms issued $649.5 billion of Ginnie MBS in fiscal 2022, down 30.5% on an annual basis.Read More
As Rates Rise, VA's Streamlined Refi Program Slides Into Irrelevance January 30, 2023 John Bancroft Only 23 lenders completed IRRRL endorsements in the final three months of 2022.Read More
For the First Time Since Early 2019, Ginnie Issuance Below $100B January 18, 2023 Andras Malatinszky The VA side of the aisle took a larger hit, plummeting 23.6% to $39.72 billion...Read More
With the Ashes of RMF Smolderiing, Will FHA Act? January 17, 2023 Brandon Ivey RMF controlled a stunning 35% of the HECM MSR market...Read More
Congress Closed Out 2022 Approving New FHA Funding, More... January 6, 2023 Brandon Ivey Lenders were particularly happy about the increases in FHA’s budget.Read More
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