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HUD Nominee Fudge Noncommittal on Cutting FHA Premiums

January 29, 2021
Maria Volkova
Industry watchers predict FHA premiums will be cut by 25 basis points in the coming weeks. An even bigger cut is possible later in the year.
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Julia Gordon for FHA Commissioner?

January 29, 2021
Paul Muolo
Who might get the FHA and Ginnie jobs in the Biden administration? Right now, there aren’t many clues.
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Housing Sec. Nominee to Push for More Pandemic Relief

January 29, 2021
Maria Volkova
During her confirmation hearing, Marcia Fudge pledged support for more pandemic relief, affordable housing and housing equity.
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Industry Dislikes Proposed VA Partial Claim Payment

January 29, 2021
Maria Volkova
A coalition of more than two dozen industry groups sent a letter to the VA urging the government insurer to make changes to its proposed partial claim payment program.
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Ginnie Loans in Forbearance Decline but PLS Reading Up

January 29, 2021
Maria Volkova
The forbearance reading for portfolio loans and private label securities worsened, increasing by 26 basis points to 8.94% as of Jan. 17.
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Biden Administration Extends Foreclosure and Eviction Moratoriums

January 29, 2021
Maria Volkova
The ban on evictions and foreclosures has been extended through March 31.
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FHA Lending to DACA Recipients Back on Track

January 29, 2021
Maria Volkova
As of March 31, 2020, there are 643,430 active DACA recipients, who can now receive an FHA-insured mortgage.
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Plaintiffs Appeal Summary Judgment in Favor of MIC

January 29, 2021
Maria Volkova
Two brokers-turned-whistleblowers appealed a summary judgment granted in favor of Mortgage Investors Corp. in an IRRRL-related lawsuit.
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FHFA Cash-Window Change Has Sellers Scratching Their Heads

January 28, 2021
Paul Muolo and Dennis Hollier
The FHFA wants to place a volume cap on mortgages sold through the Fannie/Freddie cash window. An effort to boost lender securitizations or something else?
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Ginnie Mae: An Agency Without a President or Candidates

January 28, 2021
Paul Muolo
A pop quiz: What backstops $2 trillion in mortgages, earns $1 billion-plus per year but still doesn’t have a permanent boss?
Read More
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