The Congressional Budget Office estimate compares to a record 2020 that saw VA guarantees total more than $375 billion.

Refinances made up nearly 50% of the reverse mortgages originated in the second quarter of 2021. Overall volume in the HECM market increased in the first six months compared to the same period a year earlier. (Includes two data charts.)

Ginnie extends certain COVID-related exemptions; VA introduces new API; FHA upgrades its tech platform; FHA to host session for nonprofits that want to bid on distressed properties; FHA announces lender recertification training session; and NAR says student debt dampening homebuying among millennials.

The plaintiff is former COO Tamara Richards, who was making at least $800,000 a year at loanDepot. She has a blue chip resume that includes stints at Bank of America (10 years), Caliber Home Loans and other shops.

Fannie Mae will resume credit-risk transfer program after FHFA proposed capital relief for the transactions. Investors look forward to new opportunities.

MBS trading volumes fell in August, marking the lowest reading of the year. A summer respite or something else?

Will the new, forward-looking, credit-sensitive version of the Secured Overnight Financing Rate serve as the index rate for credit-risk transfer and MBS transactions?

Securitization issuers should carefully monitor and mitigate potential cyberattacks as a way to help preserve the credit quality of a structured finance transaction, S&P said in a recent report.

Two key factors in MSR deals increasing: rates firming up a bit and the calendar. Yearend isn’t all that far away.

Many of the borrowers facing the end of their forbearance plans are struggling financially. Servicers say they’re ready to help, and for those who can’t resume payments there’s home price appreciation to bank on.