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FTC Requests Injunction on ICE/Black Knight Tie-Up

April 11, 2023
Sam Manas
The FTC filed a motion for a temporary restraining order and a preliminary injunction to halt the proposed acquisition of Black Knight by Intercontinental Exchange.
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Ginnie MBS Issuance Shrinks More in 1Q23

April 11, 2023
Monica Hogan
Issuance of single-family Ginnie Mae mortgage-backed securities saw significant declines in the first three months of 2023.
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USDA Extends COVID-19 Forbearance Request Deadline

April 11, 2023
Monica Hogan
USDA has announced it’s extending through May 31 the deadline for servicers to approve borrowers’ requests for an initial COVID-19-related mortgage payment forbearance.
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Lenders Frustrated by Wave of GSE Buybacks

April 11, 2023
Paul Muolo
Lenders interviewed by Inside MBS & ABS said they are receiving more buyback requests than before.
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FHA Sets Final Extension for HECM COVID-19 Forbearance

April 10, 2023
Monica Hogan
Details were published in Mortgagee Letter 2023-08.
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FHA Issues Draft Mortgagee Letter to Speed Up HECM Claims

April 7, 2023
Monica Hogan
Given the current market liquidity conditions, FHA proposed expediting the processing of claims tied to its home-equity conversion mortgage program.
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HUD IG Testifies Before Appropriations Subcommittee

April 7, 2023
Monica Hogan
The HUD OIG will soon report on an audit examining Ginnie Mae’s process for managing troubled issuers, according to Inspector General Rae Oliver Davis.
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Trade Groups Ask RHS to Reconsider MRA Proposal

April 7, 2023
Monica Hogan
The proposed rule is meant to help borrowers in loss mitigation by eliminating the Mortgage Recovery Advance’s second-lien requirement.
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USDA Needs More Resources to Improve Staffing, Tech

April 7, 2023
Monica Hogan
The USDA needs an influx of resources to boost staffing and improve information technology to meet the needs of its home loan programs.
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MBA, NCSHA Launch Online Tools for Housing Agency DPA

April 7, 2023
Monica Hogan
There are separate toolkits for conventional loans and those backed by the government housing agencies.
Read More
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