Ginnie MBS Issuance Flat in January February 8, 2024 Brandon Ivey Refis accounted for 15.0% of Ginnie issuance in January compared with a 14.7% share the previous month.Read More
FHA, VA Considering Bi-Merge Credit Score Process February 6, 2024 Monica Hogan Leaders at FHA and VA haven't ruled out following the Federal Housing Finance Agency in a shift from a tri-merge score process to a bi-merge process.Read More
FHA Share of MI Coverage Increases in 2023 February 1, 2024 Namrata Bhatia FHA’s share of the primary mortgage insurance purchase business grew from 25.7% in 2022 to 32.1%.Read More
Ginnie Outstandings Rise in 4Q, FHA Delinquencies Jump January 22, 2024 Brandon Ivey The last time FHA delinquencies were this high came during the COVID crisis...Read More
Share of Agency Business With MI Rises in 2023 January 19, 2024 John Bancroft The primary MI share in the agency market rose from 50.4% in 2022 to 62.9% in 2023.Read More
Agency MSR Transfers Slow in Fourth Quarter January 18, 2024 John Bancroft Agency MSR transfers declined by 27.5% in the fourth quarter, to $219.05 billionRead More
FHA/VA Lenders Prep for More Volume January 18, 2024 Monica Hogan Home sellers are now more willing to consider bids tied to FHA and VA mortgages.Read More
Short Takes: Ginnie Considers New HECM MBS Product / Agreement in Congress on LIHTC / First American to Take a Hit / New Leader at NAAHL January 16, 2024 Brandon Ivey The new Ginnie product would relieve pressure for reverse mortgage lenders.Read More
HUD Seeks More Funding to Address Housing Supply January 12, 2024 Monica Hogan Marcia Fudge, secretary of the Department of Housing and Urban Development, appeared Thursday before the House Financial Services Committee.Read More
HECM Activity Ends Slide in Third Quarter January 11, 2024 Namrata Bhatia HECM endorsements increased in the third quarter after four consecutive quarterly declines.Read More