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NAHREP Report Calls for FHA Policy Updates

March 18, 2022
Monica Hogan
FHA loans can make homebuyers less competitive in a tight housing market, according to a report from the National Association of Hispanic Real Estate Professionals.
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NAR, VA Join Hands to Boost Veterans Homeownership

March 18, 2022
Monica Hogan
Leslie Rouda Smith of the National Association of Realtors and John Bell of the Department of Veterans Affairs partnered on two training videos to increase awareness of the benefits of the VA home loan program.
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Ginnie Forbearance Reading Declines But Rate Slows

March 18, 2022
Monica Hogan
COVID-19-related circumstances were a factor for about 96% of the loans in forbearance in Ginnie MBS at the end of December.
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HUD OIG Warns Borrowers of Loan-Modification Scams

March 18, 2022
Monica Hogan
Homeowners should be wary of “too good to be true” schemes involving loan modifications and foreclosure rescues, the HUD’s internal watchdog warned.
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USDA Offering Loans for Off-Farm Labor Housing

March 18, 2022
Monica Hogan
The Department of Agriculture’s Rural Housing Service is taking pre-applications for loans and grants to improve off-farm labor housing.
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Borrower Pleads Guilty to FHA Loan Application Fraud

March 18, 2022
Monica Hogan
A North Providence, RI, woman has pleaded guilty to providing false information to a mortgage lender when applying for an FHA mortgage.
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Around the Industry

March 18, 2022
Monica Hogan
FHA enhances e-submission of flood insurance data; USDA seeking deferral-assistance applications; HUD introduces new HECM client budget tool; NRMLA to host webinar on best practices; MISMO seeks comments on new MI activation API; FHA introduces Spanish language training.
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Searching for a Gain-on-Sale Floor...

March 18, 2022
Paul Muolo
With the first quarter of 2022 drawing to a close, lenders and analysts alike are searching for green shoots of stability...
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Bill Dallas Departs Finance of America as Management Reorg Commences

March 18, 2022
Paul Muolo
FoA went public via a special purpose acquisition company maneuver in April 2021...
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Residential MBS Market Grew Significantly in 2021. As for the Fed...

March 18, 2022
John Bancroft
The Fed reported $402.67 billion of non-agency MBS outstanding at the end of the fourth quarter, a modest 0.9% nudge up from September...
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