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Forbearance Rate for FHA/VA Loans Climbs

May 29, 2020
Maria Volkova
As of May 17, FHA/VA loans in forbearance increased to 11.60% from 11.26% in the previous seven-day period.
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In His First Remarks, HUD’s No. 2 Tries to Reassure

May 29, 2020
Maria Volkova
Brian Montgomery, the recently confirmed HUD deputy secretary, is known for working in a bi-partisan fashion and pushing through meaningful legislation.
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HUD to Launch E-Delivery Portal ‘FHA Catalyst’

May 29, 2020
Maria Volkova
The platform currently offers two modules, which allow servicers to submit mortgage supplemental claims and case binder documents.
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Non-QM Lenders Return, but Carefully. NewFi Lowers Its LTV Max to 60%

May 29, 2020
Brandon Ivey

After the pandemic changed its worldview, NewFi lowered its LTV on non-QM offerings to 60%...


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COVID-19 Deals a Big Blow to Commercial Lending

May 28, 2020
Yemeng Yang
Production of commercial MBS for 2020 is expected to be less what was forecast earlier in the year, according to industry analysts.
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Borrowers Invoking Forbearance but Making Payments Anyway?

May 28, 2020
Maria Volkova
Yes, but the pattern could be short-lived, Black Knight believes.
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Mr. Cooper Discloses a Whopping 300 BP GOS for 2Q20

May 28, 2020
Paul Muolo

Industry consultant Paul Hindman called the profit margin news from Mr. Cooper "phenomenal."


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New GSE Capital Rule Too Conservative for Investors?

May 28, 2020

Among the critics of the newly issued capital framework: Don Layton, Freddie Mac's former CEO...


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Trade Groups Look to Bring Back In-Person Conferences

May 28, 2020
Yemeng Yang
Conferences are big revenue generators for many trade associations, and the cancellations of shows this spring will hurt financially.
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California Forbearance Bill Raises Concerns within Industry

May 28, 2020
Yemeng Yang
Mortgage servicers and credit unions are worried that if a new California forbearance bill becomes law their bottom lines will be significantly impacted. The bill would greatly extend the forbearance period.
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