The volume of broker-originated FHA and VA refinance loans pooled in new Ginnie MBS jumped 94.1% from the first to the second quarter. Correspondent production saw the smallest gains among the three channels. Read More

Purchase loans still accounted for over two-thirds of Ginnie loan deliveries, but the volume of incoming refinance loans had a slightly higher increase from June. Read More

HUD’s final rules on condo projects allow certain condo units to be eligible for FHA-insured loans even if the project is not FHA approved. Read More

Lenders don’t need prior VA approval to cure IRRRLs that do not meet certain standards as long as it doesn’t increase loan costs. Read More

HUD will publish a proposed rule that will raise the bar for disparate-impact complaints. Read More

HUD is asking stakeholders to comment on proposed changes to FHA’s annual lender certification. Read More

VA has issued interim guidance for implementing legislation, which removes the VA guaranty cap on jumbos. Read More

An appeals court upheld a fine against two companies for submitting false certifications on mortgages originated via unregistered branches. Read More

FHA may have sold ineligible delinquent loans to private investors in fiscal 2016 due to misclassification, according to a recent GAO report. Read More

Issuance of Ginnie Mae securities backed by FHA-insured reverse mortgages jumped 93.9% in July; Arch MI's insurance in force rose 24.3% as of the end of the second quarter; Ginnie Mae has awarded a blanket purchase agreement to CGI Federal Inc. Read More