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Mega REITs Continue to Shed Agency MBS

May 16, 2022
Paul Muolo
AGNC owned $47.2 billion of MBS, down 9.6% from yearend and off a bloodcurdling 25.4% from the same period a year ago.
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White House Launches Plan to Boost Housing Supply

May 16, 2022
Monica Hogan
The blueprint supports financing for new construction, rehabilitation, manufactured housing, accessory dwelling units, and multifamily.
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Gordon Confirmed as FHA Commissioner

May 13, 2022
Monica Hogan
Julia Gordon, who finally received Senate confirmation this week after being nominated in June of last year, will face increasing pressure to cut mortgage insurance premiums.
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FHA/VA Servicers Urged to Pause HAF-Related Foreclosures

May 13, 2022
Monica Hogan
The government housing agencies have updated their frequently-asked-questions pages to assist servicers handling borrowers whose applications for relief under the Homeowner Assistance Fund are pending.
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Private MI Industry Adapts to Market Changes

May 13, 2022
Monica Hogan
The slowing pace of delinquencies helped mitigate the impact of a reduction in new private mortgage insurance policies written as mortgage originations slowed.
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Many Servicemembers Believe Myths Around VA Loans

May 13, 2022
Monica Hogan
Some 50% of active-duty servicemembers surveyed believe they can use a VA home loan only once.
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New AMDC Chair Wants to Expand Membership

May 13, 2022
Monica Hogan
Tai Christensen, newly appointed chair of the American Mortgage Diversity Council, wants to change the way the mortgage industry thinks about diversity.
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Servicers Seek Clarity on P&P Reimbursement Rules

May 13, 2022
Monica Hogan
A HUD policy update has “unintentionally eliminated” reimbursements to servicers for property preservation and protection expenses that occur before a foreclosure process begins.
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Around the Industry

May 13, 2022
Monica Hogan
FHA restores access to Loan Review System; FHA extends post-foreclosure sales timeframe; HUD housing counseling advisory committee to meet; HUD to host webinar on HECM counseling program; Ginnie Mae to host listening session; Wells Fargo announces military spouse hiring program; USDA’s mandatory use of Guaranteed Underwriting System and Lender Loan Closing System takes effect.
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Jumbo Servicing Volume Up Slightly in First Quarter

May 13, 2022
Brandon Ivey
Trends varied among the largest servicers of jumbo mortgages in the first quarter. Portfolios increased overall while the top two jumbo servicers reduced their portfolios. (Includes data chart.)
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