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Conventional FRMs Headed to 6% and Then Some?

September 6, 2022
Paul Muolo
BTIG: "Investors appear to be still feeling their way around the accelerated wind-down of the Fed's balance sheet"...
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Mixed Signals on Non-QM Impairments

September 6, 2022
Brandon Ivey
The impairment rate measures delinquent mortgages and modified loans...
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FHA Addresses Student Loan Debt Relief as It Applies to Mortgages

September 6, 2022
If the credit report doesn’t show a current monthly payment of more than zero, more information might be needed...
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Short Takes: Getting Priced Out of California / A Focus on Affordable Housing / Headquartered in CA? / A 40-Year Loan / Bank-Nonbank M&A in Texas

September 6, 2022
Paul Muolo
Newrez rolls out a 40-year loan. Will others follow suit?
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Loan Withdrawals by Ginnie Servicers Plummet in 2Q22

September 2, 2022
Monica Hogan
Following a boom in buyout activity of FHA and VA loans from Ginnie Mae pools in the first 18 months of the COVID-19 pandemic, loan removals continue to decline. (Includes data chart.)
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Industry Shares Pros and Cons of New Ginnie Capital Standards

September 2, 2022
Monica Hogan
The government guarantor is trying to get more sophisticated in the way it evaluates issuers, and that’s a good thing, according to former Ginnie Mae President Ted Tozer.
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Ginnie’s McCargo Expounds on New Capital Rule and More

September 2, 2022
Monica Hogan
Ginnie Mae President Alanna McCargo wants to bring banks back as issuers to add more diversity to its portfolio.
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CHLA Seeks Changes to FHA Loss Mitigation, Ginnie Re-pooling

September 2, 2022
Monica Hogan
The trade group is backing a three-step loss-mitigation waterfall suggested by a former Ginnie president that would not require an actual buyout of the loan or an increase in the note rate.
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Government Program Officials Talk Tech at MISMO Summit

September 2, 2022
Monica Hogan
Administrators are promising technical system upgrades and bolstering industry cooperation through the Mortgage Industry Standards Maintenance Organization.
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FHA Clarifies Student Loan Debt in Mortgage Underwriting

September 2, 2022
Monica Hogan
Documentation on student loan debt forgiveness will be a key factor in the underwriting process for homebuyers benefiting from the recently announced debt relief program.
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