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FHA/VA Originations Smacked Around in 2Q22

August 23, 2022
Monica Hogan
VA activity was hit the hardest, with lending volume off 14.7% sequentially in 2Q22...
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Better.com Founder Garg Says Lender Committed to ‘Greater Capitalization’

August 23, 2022
Paul Muolo
Better, which remains privately held, has yet to release its 2Q22 results.
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With Former Wall Streeter in Charge, Altisource Emphasizes Bridge Loans, DSCR

August 23, 2022
Brandon Ivey
The CEO discouraged observers from comparing AAM’s operations to those of traditional non-agency aggregators...
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FHFA Tweaks GSE Multifamily Goals for 2023-24

August 23, 2022
Dennis Hollier
The new benchmarks are based on the percentage of affordable units, rather than the absolute number...
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Bank Appetite Boosted Jumbo Production in 2Q22

August 22, 2022
Brandon Ivey
The top three jumbo lenders in 2Q22: Wells Fargo, JPMorgan Chase and Bank of America...
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Like Its Common, loanDepot’s Debt is Heavily Discounted

August 22, 2022
Paul Muolo
loanDepot, the nation's seventh largest home lender, is seeing its debt get heavily discounted...
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Equifax Credit Score Snafu May Have Had Wider Impact

August 22, 2022
Dennis Hollier
Fannie Mae said it’s still working with Freddie and the FHFA to  “assess the impact" of the incident...
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Ginnie Updates Minimum Issuer Eligibility Requirements

August 19, 2022
Monica Hogan
The new standards are a result of a collaboration between Ginnie and the Federal Housing Finance Agency to align rules for their counterparties. Most of the new standards take effect Sept. 30, 2023.
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Mortgage Assumability Could Aid Veteran Home Sellers

August 19, 2022
Monica Hogan
The most popular option is when another veteran assumes the VA loan and trades the benefit eligibility, said John Bell, executive director of VA’s Loan Guaranty Service.
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Inflation, Rising Rates Spark Delinquency Concerns

August 19, 2022
Monica Hogan
The share of Ginnie Mae loans in forbearance remained flat at 1.26% in July compared to the previous month.
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