Short Takes: Better Late Than Never (Signature) / On the Menu / Time to Worry About the MMIF? Probably Not / Cutting Dead LO Wood June 2, 2022 Paul Muolo and Monica Hogan Time to review your LO roster and make some of them free agents?Read More
FHA/VA Endorsements Down Nearly 20% in First Quarter May 31, 2022 Andras Malatinszky The decline in both lending programs was focused on refinances.Read More
Credit Quality Suffers as Originations Plunge May 23, 2022 Andras Malatinszky As mortgage originations declined in the first quarter of 2022, lenders loosened underwriting standards.Read More
Potential Cut to FHA Premiums a Top Priority for HUD May 18, 2022 Brandon Ivey HUD's Julienne Joseph: "We are dotting I's and crossing T's because we want ensure that whatever we do, that it would be impactful"...Read More
Purchase Mortgages Prop Up Ginnie Issuance in April May 17, 2022 Monica Hogan In April, the top three GNMA issuers were PennyMac Financial, Freedom Mortgage and Rocket Mortgage...Read More
Purchase Lending Bolsters Primary MI Volume in 1Q22 May 12, 2022 John Bancroft Refi volume for private MIs plunged 33.9% on a quarterly basis to just $6.66 billion, or just 4.9% of NIW written.Read More
Senate Confirms Gordon to Lead FHA. About That Premium Cut... May 12, 2022 Monica Hogan Now that Gordon has been plated, the lobbying for a premium cut begins...Read More
MSRs Come Into Focus at Ginnie as Capital Rule Looms May 9, 2022 Paul Muolo The good news: MSR values are enjoying a renaissance, courtesy of rising interest rates.Read More
Ginnie Seeks Common Ground with FHFA on Capital Requirements May 4, 2022 Monica Hogan The Ginnie chief said alignment "simplifies" issuers’ capital and liquidity planning...Read More
Ginnie Delinquencies Decline in 1Q22 May 3, 2022 Monica Hogan Late payments on FHA loans narrowed by 78 basis points from the fourth quarter of 2021...Read More