Ginnie Mae Waives In-Person Signatures for Certain Documents April 3, 2020 Maria Volkova In response to the coronavirus outbreak, Ginnie is allowing lenders and issuers to execute certain forms using an electronic signature.Read More
FHA is Looking to Fill Vacancies April 3, 2020 Maria Volkova The window for applying for most of these jobs is a little more than a week. Read More
Lenders Tighten Underwriting in View of Market Uncertainty April 2, 2020 Maria Volkova As the economic crisis precipitated by the coronavirus heats up, residential lenders have tightened their underwriting guidelines.Read More
Zillow Puts Part of its Home-Buying Business on Pause March 27, 2020 Maria Volkova Zillow Group suspended home buying in the 24 markets where it operates its Zillow Offers service.Read More
Ginnie Providing Services Despite Outbreak March 26, 2020 Maria Volkova Ginnie Mae said it continues to provide services and is in close communication with issuers, servicers, vendors and trustees.Read More
HUD Halts all Foreclosures and Evictions in Response to COVID-19 March 20, 2020 Maria Volkova The Department of Housing and Urban Development has suspended all foreclosures and evictions of FHA-insured homes for the next 60 days.Read More
OIG to Review HUD’s Hiring Processes March 20, 2020 Maria Volkova HUD’s Office of the Inspector General will evaluate how the department hires new employees and in what timeframe. Read More
HECMs Facing Operational Issues Due to Coronavirus March 20, 2020 Maria Volkova The coronavirus pandemic could impact operational aspects of the reverse-mortgage business, particularly, appraisal and notary activities. Read More
Around the Industry March 20, 2020 Maria Volkova House pushes through four bipartisan financial services bills; Steven J. Sless Group names Brandy Nickoles as processing manager.Read More
FHA, Other Regulators Raise the Issue of Forbearance (Coronavirus) March 12, 2020 Maria Volkova The FDIC voiced similar sentiments, asking financial institutions to be aware of the impact the virus could have on borrowers.Read More