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Home » Topics » News » Inside FHA/VA Lending

Inside FHA/VA Lending
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Agencies Leaning More on the ‘QM Patch’

July 9, 2018
John Bancroft
The share of high-DTI loans has continued to go up this year…
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Phoenix Capital Selling Fannie/Ginnie Servicing Package

July 9, 2018
Paul Muolo
A few weeks back, Phoenix Capital was in the market with a flow MSR offering that carried a maximum size of $540 million…
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Short Takes: Those Ginnie Warnings on VA IRRRLs Apparently Worked / The Trump GSE Plan, Going Nowhere? / NJ Lender Launches Call Center in SC / Churchill in a Hiring Mode / Walker & Dunlop Hires Capital Markets Executive

July 9, 2018
Carisa Chappell and Paul Muolo
Although loan production is down this year, that isn’t stopping some lenders from moving forward with expansion plans.
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Trump Plan Calls for Moving USDA Housing Programs to HUD

July 5, 2018
George Brooks
Rep. Kenneth Lucas, R-KY, worried that rural communities face challenges that are far different than those faced by typical FHA or VA homebuyers…
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Short Takes: Megabank Bidding on VA IRRRLs / HUD Didn’t Fix the Mess / Blame the Dodd-Frank Reform Act / Applies to REMICs Only / JPM Remains the FHLB Advance King

July 5, 2018
Carisa Chappell and Paul Muolo
Needless to say, the VA IRRRL issue is complicated...
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Rising Rates Take a Bite out of FHA Lending

July 2, 2018
George Brooks
Fairway Independent Mortgage ranked first among all FHA purchase lenders with $880.8 million in 1Q18...
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Nonbanks Increasingly Taking Over Agency MBS Production

June 29, 2018
John Bancroft
The tally: nonbanks grew their GSE business by 1.5 percent during the first five months of the year. Banks retrenched by 16.2 percent…
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Nonbanks Feel the Heat as Some VA IRRRL Loans Miss The Securitization Deadline Set by Reform Legislation

June 29, 2018
Close to $500 million worth of VA Interest Rate Reduction Refinance Loans that do not meet new seasoning requirements ushered in under the recently approved Dodd-Frank reform act are in “orphan status,” causing financial headaches for the lenders that originated them.
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The VA IRRRL ‘Orphan’ Loan Tally: A $500 Million Mess?

June 29, 2018
Paul Muolo
Ginnie Mae: “We are glad to work with industry participants to try to find workable solutions allowable by law.”
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HUD Secretary Carson Tells Lawmakers Final Condo Rules Should be Out in September

June 29, 2018
George Brooks
HUD Secretary Ben Carson has acknowledged the importance of FHA condo rules, particularly for millennials…
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