MBA Calls for Clarification of FHA Rental Income Proposal December 27, 2024 Monica Hogan The MBA supports the new FHA proposal but wants more information on whether lenders need to keep additional reserves on hand.Read More
Investor Demand Could Drive HEL Originations in 2025 December 27, 2024 James Dohnert KBRA forecasts that non-agency securitizations of HELOCs and CES loans will increase next year.Read More
ARM Originations See Slight Rise in 3Q December 26, 2024 James Dohnert An estimated $60.00 billion of ARMs were originated in the third quarter, a 1.7% increase from the previous three-month period.Read More
MBA Calls on Ginnie to Launch EBO Securitization Program December 26, 2024 James Dohnert The MBA noted that buyouts are capital intensive and can create liquidity stress for nonbanks, which don’t have large balance sheets to hold nonperforming loans for an extended period.Read More
FHFA Releases 2025 Scorecard, Wants More Help for FTHBs December 23, 2024 Dennis Hollier The new scorecard highlights modest changes in the regulator's priorities for the GSEs.Read More
HUD Agenda Includes Proposal to Lift FHA Re-Sale Time Restrictions December 20, 2024 Monica Hogan HUD said its current rule adversely impacts the availability of affordable homes for sale.Read More
ICE Warns of Performance Risk from Recent VA Refis December 20, 2024 Monica Hogan More than a third of this year’s VA rate-and-term refinances were originated with loan-to-value ratios above 100%, according to ICE.Read More
Industry Opposes HUD Notices on Convenience Fees December 20, 2024 Monica Hogan Mortgage lenders are pushing back on enforcement actions against servicer convenience fees for optional expedited payment services.Read More
FHA Proposes Early T&I Reimbursement for Loans in Default December 20, 2024 Monica Hogan The proposal is meant to address liquidity challenges servicers face from tax and insurance advances in an elevated interest rate environment.Read More
FHA Makes Single-Family Loan Sale Program Permanent December 20, 2024 Monica Hogan The SFLS program is intended to yield a recovery to the MMIF that meets or exceeds the recovery obtained from a foreclosure-based claim.Read More