George Brooks

Among the top 20 VA lenders, just six depositories made the cut: USAA, Navy Federal, Wells Fargo, Flagstar Bank, The Federal Savings Bank and North American Savings Bank…

Streamline Refis Causing Problems for VA, Ginnie Mae Investors

September 26, 2016

George Brooks

VA wants to make sure that borrowers are not making a hasty decision to refinance, said VA Acting Director Jeffrey London.

Some Issuers Still Failing Ginnie Mae’s Net Worth and Liquidity Requirements, but…

September 23, 2016

George Brooks

Ginnie expects issuers to actively participate by issuing, servicing or subservicing agency MBS…

When it Comes to Refis, VA-Backed Mortgages Lead the Pack – By Far

September 14, 2016

George Brooks

There is no clear explanation as to why VA rates are lower than the competition, but some industry participants, including Tom Piercy of Incenter Mortgage Advisors, speculate prepayments might be the reason.

Articles by George Brooks

Short Takes: An Investigation Into LPMI Pricing? / Wells Mortgage Chief Advances / Analyst Lukewarm on Flagstar / Navy Fed Sanctioned by CFPB on Collection Practices

IG Audit: Ginnie Mae Left Hundreds of Uninsured Loans in MBS Pools

VA Mulling Changes to Resolve QM-Related Issues in the IRRRL Program

BB&T Unveils FHA Settlement with DOJ. Next…

Ginnie Mae Keeping a Close Eye on Servicing Sales, Liquidity

HUD Rolls Out New Rules for Condo Projects; ‘Spot Approvals’ Reinstated

VA Lending Up Almost 30 Percent; Nonbanks Dominate

Streamline Refis Causing Problems for VA, Ginnie Mae Investors

Some Issuers Still Failing Ginnie Mae’s Net Worth and Liquidity Requirements, but…

When it Comes to Refis, VA-Backed Mortgages Lead the Pack – By Far

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