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FHA/VA Mortgages in Forbearance Leveling Off

June 12, 2020
Maria Volkova
Ginnie-backed loans under forbearance grew a mere 1 basis point as of May 31, according to the MBA. An indication of better times?
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Top-Ranked FHA Lender Posts Stunning Gain-On-Sale

May 29, 2020
Paul Muolo
Even though loan forbearance is an issue that won’t go away, some FHA lenders are reporting off-the-charts profit margins. Included in that club: Mr. Cooper.
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FHA Finalizing Forbearance Policy for Loans in Progress

May 29, 2020
Paul Muolo
FHA’s policy regarding mortgage insurance coverage for loans in progress isn’t quite ready. Meanwhile, Ginnie Mae’s Pass-Through Assistance Program usage remains low.
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MBA Pushes for Stern FHA, GSE Forbearance Language

May 29, 2020
Paul Muolo
Legislation has been introduced in Congress to force FHA’s hand on forbearance. But will it go anywhere?
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Seniors Move to Tap Equity as Pandemic Spreads

May 29, 2020
Yemeng Yang
Seniors are tapping home equity during the coronavirus crisis, as evidenced by increased applications for Home Equity Conversion Mortgages.
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Forbearance Rate for FHA/VA Loans Climbs

May 29, 2020
Maria Volkova
As of May 17, FHA/VA loans in forbearance increased to 11.60% from 11.26% in the previous seven-day period.
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HUD to Launch E-Delivery Portal ‘FHA Catalyst’

May 29, 2020
Maria Volkova
The platform currently offers two modules, which allow servicers to submit mortgage supplemental claims and case binder documents.
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Signs of Life in the Ginnie MSR Market? A Little Bit

May 15, 2020
Paul Muolo

Selling servicing rights, Ginnie Mae or otherwise, is no easy task these days, given the financial damage caused by the pandemic. However, green shoots may be emerging.


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Lying in Wait: FHA’s Forbearance Policy for Loans in Progress

May 15, 2020
Paul Muolo

How to pay for the risk of backing FHA loans in progress where forbearance has been invoked? The industry is still waiting for answers.


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Ginnie Mae Mortgages in Forbearance Up At 11%

May 15, 2020
Maria Volkova
Ginnie Mae-insured loans continue to account for the highest percentage of forbearance requests but the relief growth rate is starting to flatten.
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