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FHA Clarifies Eligibility for DACA Recipients

June 4, 2021
Maria Volkova
The government MI amended documentation requirements for borrowers with Deferred Action for Childhood Arrivals status.
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Mortgage Help Proposed for Teachers, First Responders

June 4, 2021
Maria Volkova
The bipartisan House bill seeks to give teachers and first responders access to an FHA mortgage without having to make a downpayment.
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Ginnie to Leverage AI for Automation of Manual Tasks

June 4, 2021
Maria Volkova
The government guarantor said AI will soon be embedded more deeply into Ginnie Mae’s processes.
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Senate Panel Sends Todman’s HUD Nomination to the Floor

June 4, 2021
Maria Volkova
No vote has been scheduled yet on her nomination.
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The GSEs Attempt Clarity on QM Changes

June 4, 2021
Brandon Ivey
The switch to the new standards created some complications for single-closing construction-to-permanent loans and other products...
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Agency Single-Family Business Tumbles in May

June 4, 2021
John Bancroft
With mortgage rates climbing for most of the year, a pullback in refinance activity was expected.
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CFPB to Probe Forbearance Discrimination. Trouble Ahead for Servicers?

June 4, 2021
Paul Muolo
Acting Director Uejio: "For example, women- and minority-owned small businesses faced more severe economic consequences than their White counterparts, and Black and Hispanic homeowners were less likely to receive mortgage relief and forbearance.”
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Issuance of MBS with Newer Non-QMs Inches Northward

June 4, 2021
Brandon Ivey
Most expanded-credit deals issued this year have been stocked with pre-pandemic loans...
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Declining Potential for Ginnie Mae EBOs? Maybe, Maybe Not

June 3, 2021
Paul Muolo
Investing in Ginnie Mae EBOs has been a profitable maneuver but with the forbearance picture improving, finding product to buy could get harder.
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More Corporate Debt Deals as the Window Remains Open

June 3, 2021
Paul Muolo
As rates stay low, the corporate debt issuance boom continues but recent deals may be among the last for a while until real estate market values become clearer.
Read More
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