A Safe Bet: FHA Will Cut Premiums in Early 2022? September 30, 2021 Monica Hogan Former FHA Commissioner Dave Stevens also expects the November MMIF report to be “relatively" good news...Read More
GAO Deems FHA Catalyst Oversight Unreliable September 30, 2021 Monica Hogan The government watchdog said gaps exist in HUD’s established processes to oversee the IT initiative.Read More
HECMs Continue to Gain September 29, 2021 Monica Hogan While most top-ranked lenders saw aggressive growth in home-equity conversion mortgages during 2Q21, others experienced a slowdown...Read More
$6B of Ginnie MSRs Up for Grabs, An EBO Angle As Well September 28, 2021 Paul Muolo Loan-level data is available to bidders who sign a non-disclosure agreement...Read More
More COVID Tools: FHA Seeks Feedback on 40-Year Loan Modification September 28, 2021 Monica Hogan Fannie Mae and Freddie Mac already offer 40-year loan modification terms.Read More
Retail (FHA/VA) Holds Up Slightly Better in 2Q21 Slump September 27, 2021 John Bancroft Freedom Mortgage was the top retail government lender in the first half of 2021...Read More
Details Out on Home Point’s $15 Billion MSR Auction September 17, 2021 Paul Muolo Home Point, which went public earlier this year, has been the subject of recent downgrades...Read More
Ginnie MBS Issuance Down in Most Categories in August September 14, 2021 John Bancroft Production was down for both purchase and refinance loans.Read More
Biden Nominates Former Fannie, JPM Executive McCargo to Helm Ginnie Mae September 14, 2021 Monica Hogan Former Ginnie president Ted Tozer said now that Biden has made his pick, he hopes the process moves forward in a timely manner.Read More
Short Takes: Finally, a Ginnie President? / A Debt Revival? / High Expectations for Penny Mac / New Lows (for Some MBs) / Enact Readies IPO September 13, 2021 Paul Muolo Time for more debt offerings? It depends on who you are.Read More