FHA - Page 4 | Inside Mortgage Finance

Short Takes: Pending Home Sales Decline / PennyMac Adds MSR Financing / New Expanded-Credit MBS / Translations of FHA Servicing Documents

July 5, 2024

Brandon Ivey

Pending home sales in June declined on an annual basis at a rate not seen in four months.

Ginnie Proposes New Pool Type to Help HECM Lenders

June 28, 2024

Monica Hogan

The proposal aims to address issues similar to those that led to the failure of Reverse Mortgage Funding.

MSR Investors Expect ‘Feeding Frenzy’ During Refi Wave

June 28, 2024

Brandon Ivey

Prepayment rates are expected to be higher than in previous refinance cycles because lenders have bumped up spending on technology to improve recapture rates and loan originators are eagerly anticipating increasing their volume.

CFPB Issues Permanent Ban to Reverse-Mortgage Servicers

June 20, 2024

Brandon Ivey

Sutherland and NOVAD formed a servicing operation in 2014 to service HECMs on behalf of HUD.

FHA Proposes Increase in TPO Liability

June 18, 2024

Monica Hogan

FHA is taking comments through June 24 on a draft mortgagee letter.

Short Takes: Outlook for Home Prices Unclear / Compliance Concerns With HUD’s NSPIRE System / Jumbo MBS From Chase / Publishing Break

June 18, 2024

Brandon Ivey

Home prices are slowing and an expected decline in interest rates could prompt further changes in the trajectory of home prices.

Purchase Mortgages Push Up Ginnie MBS Issuance

June 13, 2024

Monica Hogan

Lenders delivered $27.21 billion of purchase loans into Ginnie MBS in May, up 7.5% from the prior month.

Correction: Termination of Open Mortgage’s FHA DE Approval Only Applies to Limited Geography

June 12, 2024

Brandon Ivey

The termination only applies to activity in the Des Moines, IA, HUD field office.

Open Mortgage Loses FHA Direct Endorsement Approval in HUD IA Field Office

June 11, 2024

Brandon Ivey

According to an analysis by Inside Mortgage Finance of data from the Home Mortgage Disclosure Act, Open Mortgage originated $480.9 million of mortgages in 2023, with FHA loans accounting for 38.6% of that volume.

Ginnie Eyes Launch of HMBS 2.0 by Year’s End

May 30, 2024

Monica Hogan

Dubbed HMBS 2.0, the securitization product would give Ginnie MBS issuers a new funding mechanism to buy back loans with balances over 98%.

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Short Takes: Pending Home Sales Decline / PennyMac Adds MSR Financing / New Expanded-Credit MBS / Translations of FHA Servicing Documents

Ginnie Proposes New Pool Type to Help HECM Lenders

MSR Investors Expect ‘Feeding Frenzy’ During Refi Wave

CFPB Issues Permanent Ban to Reverse-Mortgage Servicers

FHA Proposes Increase in TPO Liability

Short Takes: Outlook for Home Prices Unclear / Compliance Concerns With HUD’s NSPIRE System / Jumbo MBS From Chase / Publishing Break

Purchase Mortgages Push Up Ginnie MBS Issuance

Correction: Termination of Open Mortgage’s FHA DE Approval Only Applies to Limited Geography

Open Mortgage Loses FHA Direct Endorsement Approval in HUD IA Field Office

Ginnie Eyes Launch of HMBS 2.0 by Year’s End

Latest Imf News

Basel III, Other Rulemakings Paused Until Next Administration

Correspondents Grow Agency Market Share in 3Q24

Fed Examiners Find Multiple RESPA Escrow Account Violations

GSEs See Slight Uptick in CRT Issuance, Investor Demand Holds Strong

Featured Data

GSE CRT Up Modestly, Investors Show Strong Demand

Ginnie Loan Removals Spike in 3Q24, VA Activity Leads

Private MIs Lose Some Share in 3Q24 Refi Market Surge

Mortgage Performance Slips Further in Third Quarter

Featured Reports

Top Mortgage Players: 2Q24 (PDF)

Mortgage Profitability Report 2Q24 (PDF)

Agency Channel Analysis: 3Q24 (PDF)

IMF Mortgage Directory: Full interactive database

Featured Poll

The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?

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The mortgage industry has been shedding jobs for a while now, but some lenders — particularly ones that focus on non-QMs — are talking about staffing up in anticipation of increased originations. Is your shop planning to hire this year?

FHA
RSS