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Investor Home Purchases Returning to Pre-Pandemic Levels

December 6, 2024
James Dohnert
Investors are having to get more creative to turn a profit, according to a new report from Redfin.
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Lenders See Shifting Appetite for Investor Loans

December 6, 2024
James Dohnert
Changing market dynamics have impacted the types of investor loans offered by banks and nonbanks.
Read More

News Briefs

December 6, 2024
James Dohnert
Conforming loan limits increasing by 5.2% in 2025; A&D Mortgage using AI to help brokers understand non-QM guidelines; Splitero expands, inks agreement with investment firm.
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Mortgage Industry Supports Trump’s Pick to Lead HUD

December 6, 2024
Monica Hogan
Industry stakeholders have largely applauded the nomination of Scott Turner as secretary of the Department of Housing and Urban Development, citing his experience and leadership.
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FHA Proposes Updates to Loss-Mitigation Waterfall

December 6, 2024
Monica Hogan
The draft standards differ based on whether borrowers can resume their original mortgage payments or need payment relief. Comments on the proposal are due Dec. 23.
Read More

FHA Issues Guidance on Engagement With Borrowers in Default

December 6, 2024
Monica Hogan
The new requirements go into effect Jan. 1. However, FHA has provided servicers alternative interim procedures through June 30.
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House Passes Bill That Would Extend VA Loan Fee Increases

December 6, 2024
Monica Hogan
The Community Home Lenders of America warned that Congress shouldn’t use federal housing programs to pay for legislation.
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Ginnie Issuers Get Final Term Sheet for HMBS 2.0

December 6, 2024
Monica Hogan
The term sheet for Ginnie’s home equity conversion mortgage MBS 2.0 program is largely unchanged from the draft proposed earlier this year.
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FHA Plans to Test e-Delivery of Partial Claim Documents

December 6, 2024
Monica Hogan
The pilot seeks to demonstrate how HUD could reduce the costs associated with delivering and retaining original partial claim documents.
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Gordon Calls for ‘Marshall Plan’ to Rehab Distressed Homes

December 6, 2024
Monica Hogan
FHA Commissioner Julia Gordon said it is critical the government invest in existing homes, given that more than 40% of single-family homes are more than 50 years old.
Read More
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