The industry has mixed views on the new capital proposals from Ginnie Mae. But one thing is clear: The standards only apply to nonbanks.

Investors in Ginnie MBS will soon receive new pool-level data as part of disclosures regarding environmental, social and governance factors. (Includes data chart.)

Servicers of government-insured lending programs face new requirements from HUD to offer updated payment forbearance options to homeowners who faced financial difficulties during the pandemic.

Mortgage industry participants are suggesting HUD temporarily redistribute underwriting workloads across regions based on the size of their respective pipelines.

Servicers of VA mortgages can offer veterans a new COVID-19 refund modification to help reduce monthly payments as they exit forbearance plans.

Pam Patenaude, former HUD deputy secretary, joins loanDepot board; VA clarifies process for funding fee waivers; FHA updates single-family housing policy handbook; VA seeks feedback on proposal for appraisal data collection; Freedom Mortgage set to issue non-agency MBS with servicing fees on Ginnie mortgages.

Non-agency CMBS production roared to $37.12 billion, the highest quarterly volume since the end of 2019.

Multiple lenders tell Inside Mortgage Finance that, in late March, the enterprises began rejecting loans that would have been easily approved in early March.

Nevertheless, rumors are circulating that the Biden administration is preparing to test the legal waters by having the FHA and VA extend their REO eviction moratoriums to the end of the year. These were also scheduled to end on Saturday. If that were to happen, most observers believe FHFA would follow suit.

Black Knight: “While still low, new forbearance plans hit their highest weekly level since late March, with restart activity also remaining elevated.”