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Jumbo MBS Issuance Picks Up in July

July 19, 2024
James Dohnert
Jumbo MBS issuance is off to a strong start in the third quarter, with five deals marketing within the past two weeks.
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CDFI Loans Make Way Into MFA RPL Securitization

July 19, 2024
James Dohnert
A new reperforming loan securitization from MFA Financial includes loans originated through Change Lending’s low-documentation program.
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More Luxury Homebuyers Using All-Cash Offers

July 19, 2024
James Dohnert
More high net-worth consumers are shunning jumbo mortgages and purchasing luxury homes in all-cash deals.
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Short-Term Rental Lending Expected to Pick Up

July 19, 2024
James Dohnert
Early trends have been mixed, but more private credit funding and a potential rate cut should help boost short-term rental lending this year.
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CDFIs Get Creative for Underserved Borrowers

July 19, 2024
James Dohnert
Experts speaking at an event hosted by the Urban Institute said that CDFIs are developing novel ways to help more underserved borrowers achieve homeownership.
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UWM Offers Discounts on VA, FHA Refis

July 19, 2024
Monica Hogan
The lender is offering a temporary 125-basis-point incentive on VA Interest Rate Reduction Refinance Loans and non-credit-qualifying FHA streamline loans.
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FHA Redrafts Proposed Servicing Defect Taxonomy

July 19, 2024
Monica Hogan
The redrafted proposal provides specific examples of defects and clearer, proportionate remedies to the potential harm.
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FHA 203(k) Home Repair Programs Revamped

July 19, 2024
Monica Hogan
HUD has increased the total rehabilitation costs that can be financed under FHA’s limited 203(k) program and extended the allowable time for rehab and repair work to be completed.
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HUD Proposes Rule on Sale of Delinquent FHA Loans

July 19, 2024
Monica Hogan
The proposed rule seeks to create a permanent program governing the sale of seriously delinquent FHA-insured single-family mortgages and foreclosed home equity conversion mortgages.
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HUD Sets New Targets for FHA Rules in Progress

July 19, 2024
Monica Hogan
HUD’s spring regulatory agenda includes about a dozen FHA-related items in the proposed or final rule planning stage.
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