Many of the complaints about the big three credit reporting services involve inaccurate information in their reports...

When was the last time a large bank entered the FHA market?

The number of loans 30-days past due was up 13.6%...

A few weeks back, Ginnie issued a request for information on a proposal that would tack on a capital requirement of an additional 25-basis points of an applicant’s Fannie Mae and Freddie Mac obligations.

Despite the fact that PMI has been acting as a reinsurer to Arch Mortgage Insurance (Arch bought some of its assets in 2014 as it gained entry to the sector), PMI has a bare-bones website and a skeleton management crew headed by Ray Chang and Thomas Clancy, who are listed as chief financial officer and chief operating officer, respectively.

Both the FHA (11.1%) and the VA insurance programs (20.4%) saw significant increases in purchase-mortgage activity...

Trouble ahead or a blip on the radar screen? Either way, Treasury rates are drifting lower.

Priority Financial still wants a Ginnie eagle and believes it has the financial wherewithal to make grade. “We want to resubmit, but we’ve had no communication from them,” said CEO Mark Shenkman.

The problem: regulations differ from state to state, creating liability issues for lenders...

Things aren’t back to pre-crisis levels by any means. In 2006, quarterly non-agency MBS issuance averaged over $285 billion every three months. It will take a miracle to reach that level for all of 2021.