Ginnie Mae delinquency rates fell across the board during the first quarter of 2021, though still higher than a year ago. Solid growth in the VA market could not offset slumping FHA servicing. (Includes four data charts.)
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The new HUD secretary said real estate agents also are complicit in creating the homeownership gap by undervaluing properties and not providing buyers the relevant information.
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Freedom Mortgage removed $32.1 billion of home loans from Ginnie MBS during the first quarter, mostly due to borrower payoffs. (Includes data chart.)
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If the proposed COVID-19 partial claim payment program is implemented, veterans who use it could see a substantial rise in their monthly payment, according to industry trade groups.
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The New Jersey-based company will help modernize Ginnie Mae’s platform to provide enhanced security, monitoring and service delivery across its entire application portfolio.
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National Guard members now eligible for VA home loan program; FHA updates Single-Family Housing Policy Handbook; former FHA official Gormley moves to RoundPoint Mortgage; ReverseVision CEO joins NRMLA board.
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