Ginnie Mae saw a modest increase in issuance of single-family mortgage-backed securities in January, according to an Inside FHA/VA Lending analysis of MBS disclosures. [Includes one data chart.]
Read More
Home Equity Conversion Mortgage production fell significantly in 2018, according to Inside FHA/VA Lending’s database. [Includes two data charts.]
Read More
FHA delinquency rates fell 26.4 basis points between December and January and were down 14.1 bps over an eight-month period ending January, according to the Inside FHA/VA Lending database. [Includes one data chart.]
Read More
Ginnie Mae will not be able to conform its pooling requirements to the VA interim final rule on cash-out refinancing because doing so would be contrary to the provisions of the Dodd-Frank reform act, the agency noted.
Read More
Lawmakers and mortgage market players are watching whether the Trump administration will petition the U.S. Supreme Court to reverse a circuit court decision extending medical and disability benefits to war veterans who fell ill due to exposure to Agent Orange while serving in the territorial waters of Vietnam.
Read More
Concerned with the increasing number of nonbank lenders in the mortgage market and tight liquidity conditions, Ginnie Mae has started developing stress tests for its largest issuers.
Read More
Lenders will no longer be able to edit appraisals in FHA’s Electronic Appraisal Delivery portal. They will have to submit a corrected appraisal to update the field.
Read More