In the Shadow of the Pandemic, MI Firm Raises $399 Million June 3, 2020 Maria Volkova The stock sale comes at an interesting time for the mortgage industry in general and MIs in particular...Read More
Forbearance Rate for FHA/VA Loans Climbs May 29, 2020 Maria Volkova As of May 17, FHA/VA loans in forbearance increased to 11.60% from 11.26% in the previous seven-day period.Read More
In His First Remarks, HUD’s No. 2 Tries to Reassure May 29, 2020 Maria Volkova Brian Montgomery, the recently confirmed HUD deputy secretary, is known for working in a bi-partisan fashion and pushing through meaningful legislation.Read More
HUD to Launch E-Delivery Portal ‘FHA Catalyst’ May 29, 2020 Maria Volkova The platform currently offers two modules, which allow servicers to submit mortgage supplemental claims and case binder documents. Read More
Borrowers Invoking Forbearance but Making Payments Anyway? May 28, 2020 Maria Volkova Yes, but the pattern could be short-lived, Black Knight believes.Read More
COVID-19 Forbearance Requests Are Leveling Off May 22, 2020 Maria Volkova Some 4.7 million Americans are under a pandemic-related forbearance plan. However, the pace of new requests seems to have slowed.Read More
Home iBuying Resumes in Some Markets May 22, 2020 Maria Volkova While Zillow has restarted iBuying in Phoenix, Tucson, Raleigh and Charlotte, Opendoor has resumed acquisitions in Raleigh and Phoenix.Read More
In-Person Signatures Still Reign Supreme May 22, 2020 Maria Volkova State regulations and concerns regarding buyer safety have kept the mortgage industry from embracing e-signature technology.Read More
Ginnie Mae Mortgages in Forbearance Up At 11% May 15, 2020 Maria Volkova Ginnie Mae-insured loans continue to account for the highest percentage of forbearance requests but the relief growth rate is starting to flatten.Read More
Montgomery Confirmed as HUD Deputy Secretary May 15, 2020 Maria Volkova Brian Montgomery’s confirmation as HUD deputy secretary paves the way for Dana Wade’s appointment as the next FHA commissioner. Read More