“Acting” is a title worn by many political appointees in the current administration…

HUD’s addendum to the Uniform Residential Loan Application form is being revised to reflect regulations, ensure accuracy of borrower information, reduce lender uncertainty and maintain FHA’s ability to enforce program requirements.

In 3Q19, PennyMac Financial Services, the nation’s fifth largest home lender, earned a record $121.9 million.

Meanwhile, depository institutions shrank their Ginnie MSR by 1.9% during the third quarter.

In a TV interview, HUD Secretary Ben Carson noted: “We love the non-depository lenders but we want to normalize the market.”

And now for the big question: Where do we go from here?

The temporary measure is expected to generate billions of dollars in VA funding fees between Jan. 1, 2022, and Oct. 1, 2027. It would offset new direct spending by $86 million over the five-year period.

Maren Kasper graciously lauded the career staff of Ginnie, telling investors the agency is in good hands…

Mortgage “fintech” specialist Better.com is hitting the ball out of the park these days on originations. Better is based in New York...