FHA to Host First Briefing Session on the First Installment of the Single Family Policy Handbook. The FHA will have a webinar on Nov. 6, 2014, from 2 p.m.-3 p.m., for stakeholders in connection with the first completed section of the Single Family Housing Policy Handbook, the Origination through Post-Closing/Endorsement for Title II Forward Mortgages (Origination through Post-Closing). The new handbook is designed to make it easier for stakeholders to do business with the FHA and support greater access to mortgage credit for qualified borrowers. Once fully completed, the handbook will contain all FHA origination and underwriting policies that lenders use in making FHA-insured loans. The FHA published the first section of the handbook on Sept. 30, which becomes effective for FHA case numbers assigned on or after June 15, 2015. The agency urged lenders to ...

According to the most recently available data, 33 IG offices had roughly 3,500 agents authorized to carry firearms.

Guild intends to buy even more mortgage companies. Is an IPO next?

The chickens come home to roost: from 2008 through 2013, HUD increased the FHA’s annual mortgage insurance premium five times.

David Steckel of Bank of America said his institution has focused on capturing more of the customers who fit into the company’s credit box rather than making that box bigger.

However, there was some good news. Flagstar reported residential originations of $7.19 billion, a 21 percent gain from 2Q.

We even heard one report that a non-QM firm is contemplating an initial public offering. It sounds crazy, we know…Meanwhile, it appears the states want a say in MSR transfers...

It’s not clear whether the rest of the industry will push the third-quarter origination results higher.

Charbonneau, Klein and other advisors report that mortgage M&A activity is the strongest it has been in years.

The fiscal 2014 audit report on the health of the FHA MMIF is expected to be released in mid-November.