Fun fact: Ginnie Mae servicing now represents 16.5 percent of all residential debt outstanding – more than triple the program’s market share at the end of 2008.

Unfortunately, Rood said he’s not at liberty to name names or agencies...

In the first quarter, Amerihome Mortgage had the largest sequential growth rate in USDA lending.

The Ginnie MSR market has been in the tank the past two years, but has revived somewhat this spring…

One bright spot consists of Japanese investors, which are showing strong growth in dollar-dominated bond holdings…

American Advisors Group continued to dominate the HECM market, funding $691.0 million of reverse mortgages…

HUD secretary Ben Carson could implement changes through mortgagee letters to shrink FHA’s role…

At the very least, these investors want a legal settlement with the Treasury Department over their “takings” claims. But will Treasury Secretary Steven Mnuchin deal?

Any Trump administration effort to reduce the role of FHA in the mortgage market should avoid any changes that might disrupt or damage the overall economy, said the Mortgage Bankers Association.Proposed changes to FHA intended to increase the role of private capital should strive to find the right balance between competing interests, said MBA President/CEO Dave Stevens. Unilateral action could prove to be detrimental to housing and the economy, he cautioned. President Trump campaigned, among other things, on a promise to reduce the role of government in a variety of areas, including the mortgage market. He has issued an executive order to freeze all new and pending regulations and review existing ones to determine which ones to eliminate, retain or revise. The Department of Housing and Urban Development recently published a notice in the ...

Reverse-mortgage originations with FHA insurance rose in the first quarter of 2017 from the prior quarter and from the same period last year despite a long-term slowdown in Home Equity Conversion Mortgage activity, an analysis of agency data found. HECM lenders, including an increasing number of nonbanks, produced $4.5 billion in new HECM loans during the first three months of 2017, up 16.9 percent from the prior quarter. Production also was up 16.6 percent year-over year. Purchase reverse mortgages comprised 83.6 percent of HECMs produced during the period. Borrowers appeared to favor reverse mortgages with adjustable rates over fixed-rate HECMs, which accounted for only 10.7 percent of HECMs in the first quarter. Despite increased originations in the first quarter, FHA data show a gradual decline in HECM endorsements since peaking in FY 2009 with ... [Charts]