Nonbanks continued to broaden their footprint in the Ginnie market even though top players like Quicken, United Shore, Mr. Cooper and AmeriHome recorded declining sales in the third quarter. (Includes four data charts.)
Read More
Nearly two-thirds of borrowers who exited forbearance remain current on their payments and have been able to resume pre-pandemic monthly payments, according to the MBA.
Read More
Senate Democrats have accused the CFPB of departing from well-established procedure and legal standards of restitution in recent enforcement actions against lenders over false advertising to veterans.
Read More
According to HUD’s internal watchdog, Benjamin Carson Jr.’s emails and business records show that he did not secure a direct financial benefit in his involvement with a HUD listening tour.
Read More
Hurricane damage in Texas and Louisiana; new submission method for FHA reacquisition claims; FHA temporarily waives “interior” photographs for properties in presidentially declared major disaster areas.
Read More