Stress testing issuers isn’t confined to just the largest players in the Ginnie market. The agency plans to look at lower-ranked firms as well.

If the mortgage industry doesn’t change the way flood risk is assessed, lenders could begin to “blue-line” certain areas, refusing to lend due to unacceptable flood risk, according to a paper published by the San Francisco Fed.

Legislation was passed earlier this year to curb abuses tied to VA rapid refis but lender violations remain an issue. At least, that’s how the VA sees it. Big audits may be in the works.

Based on reports from non-QM lenders Angel Oak and Citadel, the third quarter was a strong one for most originators. Meanwhile, the Ditech wind-down is almost over.

After a court case didn’t go the agency’s way, HUD has promised to follow proper procedures on downpayment assistance rulemaking.

With the “patch” set to expire as scheduled, lenders are pushing for changes to the Appendix Q documentation requirements.

HUD has made it easier for condo projects to qualify for FHA financing. But an analyst warned the move may not produce the desired results.

Ginnie Mae said it will require MBS servicers with at least $25.0 billion worth of contracts to obtain an external primary servicer rating.

VA has issued guidance on how statutory standards for loan seasoning, fee recoupment and net tangible benefits affect guarantees on IRRRLs.