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Marlin's MSR Holdings Top $45 Billion With Room to Grow...

October 17, 2022
Paul Muolo
Marlin's Andrew Weber: “There’s a lot of servicing out there that’s going to come forward into the market."
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FHA Lenders Wait for Cut to Mortgage Insurance Premium

October 14, 2022
Monica Hogan
With the FHA MMIF actuarial audit due next month, industry watchers are speculating the timing of an announcement of a potential MIP cut.
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FHA Opens RFI on Small Mortgage Loan Originations

October 14, 2022
Monica Hogan
FHA is seeking comments through Dec. 5 on its request for information on barriers to small mortgage lending.
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VA Targets Native Veteran Borrowers With Holistic Approach

October 14, 2022
Monica Hogan
A VA Native American Direct Loan offers the same benefits as one from the VA home loan guaranty program but with no private lender in the middle, said John Bell of the VA Loan Guaranty Service.
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CHLA Asks Senate to Fund FHA Catalyst IT Upgrades

October 14, 2022
Monica Hogan
The House and Senate passed separate bills over the summer containing funding for the Department of Housing and Urban Development for the next fiscal year.
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Ginnie’s Nonbank Standards Remain Under Scrutiny

October 14, 2022
Monica Hogan
Industry analysts continue to assess Ginnie Mae’s new nonbank issuer eligibility requirements and what impact they might have on the mortgage market.
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HUD Outlines Florida Disaster Assistance Programs

October 14, 2022
Monica Hogan
The Department of Housing and Urban Development has issued a 90-day moratorium on foreclosures of FHA mortgages, among other measures.
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Around the Industry

October 14, 2022
Monica Hogan
Ginnie eyeing permanent emergency credit facility for nonbanks; USDA to hold training sessions on Guaranteed Underwriting System; home equity among seniors hits new record; Ginnie plans temporary business outage; Mortgage Bankers Association rustles support for VA appraisal bill; USDA expands Native American Relending Pilot program.
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Some Concerns on DSCR Lending as Fed Fights Inflation

October 14, 2022
Brandon Ivey
Debt service coverage ratio loans for investment properties are starting to look more risky as the Fed works to address inflation. Still, activity in the sector is increasing.
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Sterling Bank Settles Non-QM Issues With OCC

October 14, 2022
Brandon Ivey
Sterling Bank and Trust paid $6 million to settle charges from the OCC regarding a now-shuttered non-QM program. Investigations by the DOJ and SEC are ongoing.
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