HUD Sets New Flood-Related Requirements April 23, 2024 Brandon Ivey The Mortgage Bankers Association raised concerns about the new requirements.Read More
Loans With Primary MI Gain Share in First Quarter April 19, 2024 John Bancroft The share of mortgages with primary MI increased by 2.1% in the first quarter, based on agency MBS issuance.Read More
Ginnie Issuance Slows in First Quarter April 17, 2024 Monica Hogan Refi volume delivered to Ginnie spiked in the first quarter while purchase-mortgage activity declined.Read More
Refi Business With Primary MI Jumps in First Quarter April 10, 2024 Namrata Bhatia The share of refis with MI coverage in the agency MBS market grew from 10.3% in the fourth quarter of 2023 to 14.6% in the first quarter.Read More
First-Quarter Agency MBS Volume Up on Annual Basis April 5, 2024 John Bancroft Purchase-mortgage volume at Ginnie Mae increased by 13.9% on an annual basis in the first quarter of 2024.Read More
Brokers, Correspondents Gain Share in FHA/VA Lending April 4, 2024 Monica Hogan The correspondent channel accounted for 47.5% of FHA/VA originations in 2023, up from a 46.8% share in 2022, based on volume from a subset of lenders that produced the majority of FHA/VA volume.Read More
Short Takes: Altisource Shifts From Mortgages to EV Tech / Applications Down Slightly / Farmer Mac Sees Strong Demand / HUD’s Vacant Lot Sale April 3, 2024 Brandon Ivey Altisource Asset Management is working on a control system that increases the efficiency of electric vehicles.Read More
CHLA Brings Employment-Verification Costs to Regulators March 22, 2024 Brandon Ivey CHLA asked FHFA and FHA to scrutinize employment-verification prices charged by Equifax.Read More
Ginnie MBS Issuance Up Nearly 10% in February March 20, 2024 Brandon Ivey The increase was driven by refinances, particularly VA refis.Read More
Short Takes: Forbearance Steady / ICE Facilitates Reconsiderations of Value / New Loan Limits for Manufactured Housing / Figure’s Lender Breaks From Figure’s Tech Company March 19, 2024 Brandon Ivey Some 0.22% of mortgage borrowers were in forbearance as of the end of February.Read More
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