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Home » Topics » News » Inside FHA/VA Lending

Inside FHA/VA Lending
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FHA/VA Default Rates Edge Up, Nonbanks Stalk Wells

January 18, 2019
Delinquency rates for FHA and VA loans in Ginnie Mae mortgage-backed securities rose in the fourth quarter of 2018, but loan performance was generally stronger, according to a new Inside FHA/VA Lending analysis. [Includes four data charts.]
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Ginnie Mae Postpones Annual Summit, Citing Government Shutdown

January 16, 2019
Paul Muolo
Scheduled speakers included Housing and Urban Development Secretary Ben Carson, Kasper and Edward DeMarco, former acting Director of the Federal Housing Finance Agency.
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Retail Channel Continues to Lose Market Share as Correspondent Surges

January 14, 2019
John Bancroft
Wholesale-broker activity saw roughly the same rate of decline as the retail channel did...
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What Michael Bright’s Resignation Might Mean for GSE Reform

January 11, 2019
Paul Muolo
The odds of GSE “recap and release” becoming a reality just went down…
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What We're Hearing: The Otting Era Commences / Waiting on the Senate (It Didn’t Work for Michael Bright) / 11 Days In and All Shook Up / HFSC Chair Worries about Furloughed Workers and Delinquencies / Keep an Eye on Jan. 15 / The Milken Institute Weighs i

January 11, 2019
Paul Muolo
We’re just 11 days into the new year and already things are getting interesting in the mortgage industry...
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Acting Ginnie Mae President Michael Bright Bolts Agency for SFIG

January 10, 2019
Paul Muolo
Bright will earn significantly more working for SFIG than at Ginnie, easily doubling his salary and then some...
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Short Takes: Who Is Maren Kasper? / Not Shy / Headed to the White House? / GSE ‘Recap and Release’ Just Got Knee-Capped / IMA Offers Bulk MSR Package

January 10, 2019
Paul Muolo
With Michael Bright's departure, GSE "recap and release" just got hurt...
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FHA Tells Servicers to be Lenient Toward Furloughed Federal Workers and Contractors

January 9, 2019
Paul Muolo
The FHA handbook states that servicers can receive a “financial incentive” for offering forbearance...
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Market Shocker: Ginnie Mae Interim President Michael Bright Quits

January 9, 2019
Paul Muolo
Bright was first nominated to the post by President Trump in May of last year. He had been serving as an EVP at Ginnie.
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The Final Ginnie Mae Issue Tally for 2018: $388 Billion

January 8, 2019
George Brooks
Feeding the decline was an 18.8 percent sequential drop in VA purchase loans…
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