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VA Lender: Cash-Out Refis on the Rise

March 4, 2022
Monica Hogan
Veterans still recovering from the financial impact of the pandemic are tapping into home equity, according to ClearPath Lending officials.
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FHA Loan Denial Rates Outpace Underlying Risk, Study Finds

March 4, 2022
Monica Hogan
HMDA data suggest disparities in the denial rates for FHA mortgages can’t be explained by differences in default risk alone.
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FHA Updates Servicers on HAF Program

March 4, 2022
Monica Hogan
FHA servicers must inform their borrowers of any relevant state Homeowners Assistance Fund programs if they’re reviewing a COVID-19-related loss mitigation.
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RHS Adopts Multifamily Rental Assistance Program

March 4, 2022
Monica Hogan
The Rural Housing Service finalized rules overseeing a rental assistance program, as well as a new fee structure, for its multi-family housing direct loans and grants programs.
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New FHA Portal Gives Real-Time Loan Payoff Info

March 4, 2022
Monica Hogan
FHA has introduced a new self-service portal, dubbed the SMART Integrated Portal, to make it easier for borrowers to get payoff information on their loans.
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Around the Industry

March 4, 2022
Monica Hogan
VA extends forbearance; FHA-insured loan for affordable multifamily housing closes; Ginnie Mae to host listening session; Farmer Mac posts strong results.
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The Winter Tally: Agency MBS Production Falls Sharply in February

March 4, 2022
John Bancroft
The 21.5% decline in agency single-family MBS production in February may signal a deeper shift in mortgage market tectonics...
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As Lenders Cut Heads, a Migration to Loan Brokerage Shops?

March 4, 2022
Paul Muolo
"Massive" layoffs by mortgage bankers? That's how one CEO sees it...
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Where's the Mortgage M&A Boom?

March 4, 2022
Paul Muolo
One advisor said he’s not seeing much activity out there right now, but offered: “That doesn’t mean much — there may be a bunch of deals on the horizon.”
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A Bullish Outlook for the Reverse Market...

March 4, 2022
Monica Hogan
Overall, FHA endorsed $23.80 billion of home-equity conversion mortgages last year, an annual increase of 34%...
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