The FHA Lender Penalty Tally for FY21: A Mere $11 Million May 2, 2022 The take-away compared to years past: FHA lenders appear to be behaving themselves...Read More
Buyouts from Ginnie MBS Revert Back to Pre-Pandemic Levels April 29, 2022 Brandon Ivey Another factor: the drop in repurchases appears to be driven by improvements in delinquency rates.Read More
Private Mortgage Insurers Gain Share in Crumbling Agency Market April 21, 2022 John Bancroft The FHA saw a steep 21.1% decline in volume, while the VA posted an 18.4% decline from the fourth quarter...Read More
Ginnie Issuance Declines in 1Q22, PennyMac Leads the Pack April 19, 2022 Monica Hogan The three largest Ginnie Mae issuers were PennyMac Financial, Lakeview and Freedom Mortgage...Read More
FHA Adds 40-Year Loan Option for COVID-19 Recovery April 19, 2022 Monica Hogan Earlier this month, FHA issued proposed rule-making for a permanent 40-year loan option and is taking comments through May 31.Read More
Shut for Repairs: FHA's Loan Review System April 18, 2022 Monica Hogan FHA estimates access to the LRS will be restored by April 25...Read More
Correspondents Gain Market Share in FHA/VA Sector April 6, 2022 Monica Hogan Some top-ranked government lenders relied entirely upon retail production, including Navy Federal Credit Union, New American Funding, PrimeLending, Regions Financial and Angel Oak...Read More
Senate Maneuver Clears the Way for Final Vote on Gordon for FHA Commish April 6, 2022 Monica Hogan Gordon was president of the National Community Stabilization Trust and a member of the Biden-Harris transition team.Read More
USDA Loan Issuance Up in 2021, Down in Fourth Quarter April 5, 2022 Monica Hogan The top issuer of USDA rural housing loans in 2021: PennyMac Financial Services with $6.76 billion...Read More
Cut FHA Premiums Now! Okay, Maybe Wait… April 4, 2022 Monica Hogan Not everyone's onboard regarding the premium cut...Read More
RSS