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USDA Loan Issuance Up in 2021, Down in Q4

April 1, 2022
Monica Hogan
Issuance of Ginnie MBS with USDA home loans increased by 3.8% last year compared to 2020 figures, with $25.78 billion in volume. (Includes two data charts.)
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Calls for FHA Premium Cuts Reemerge Post Budget Projections

April 1, 2022
Monica Hogan
The mortgage industry is once again clamoring for FHA to cut its mortgage insurance premiums or to at least offer clarity on its plans to address its overcapitalized Mutual Mortgage Insurance Fund.
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FHA Proposes 40-Year Loan Modification Option

April 1, 2022
Monica Hogan
HUD will accept public feedback on the proposal through May 31.
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OIG Continues to Find Flaws With FHA Flood Coverage

April 1, 2022
Monica Hogan
Borrowers with FHA loans don’t always have enough flood insurance, according to a recent report by HUD’s Office of Inspector General.
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Around the Industry

April 1, 2022
Monica Hogan
FHA issues clarification on reimbursement claims; MISMO seeks comments on a new dataset to support a VA certificate of eligibility form; HUD Office of Native American Programs to host virtual summit; HUD seeks nominations for Tribal Intergovernmental Advisory Committee.
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A Large GSE MSR Package Hits the Auction Circuit

March 31, 2022
As interest rates rise, bids on MSRs continue to be strong...
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Finance of America Granted Waiver from Fannie

March 31, 2022
Paul Muolo
Two senior executives are leaving FoA: Patricia Cook and Bill Dallas...
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GSE Regulator Addresses Latinos and Conventional Loans

March 31, 2022
Dennis Hollier
Thompson: “We’re charging the enterprises with making sure they look at all parts of the mortgage process"...
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CRA Overhaul Likely to Maintain Qualitative Factors

March 31, 2022
Sam Manas
Some stakeholders have gripes with how qualitative factors and examiner judgments are used...
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Short Takes: Tightening the Rules on SPACs / Still Hoping… / Time to Expand? / Rates / A Cut in FHA Premiums?

March 31, 2022
Paul Muolo
A new regulatory reality for SPACs?
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