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Home » Topics » News » Inside FHA/VA Lending

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Ginnie Mae Pools Likely to See Rising Share of VA Collateral This Year

January 5, 2016
George Brooks
Overall, Ginnie securitization of FHA and VA purchase loans increased by 37.7 percent and 37.9 percent, respectively, during the third quarter, according to Inside Mortgage Finance’s database.
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Expect a Cut in FHA Premiums by Mid-Year 2016?

January 5, 2016
Paul Muolo
Industry consultant (and frequent FHA critic) Ed Pinto, who studies housing issues for the AEI, predicted a premium cut in his year-end roundup...
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Quicken Exploring Options After Federal Judge Dismisses Its Case Against DOJ, HUD

January 4, 2016
Paul Muolo
Prior to Quicken filing its suit in April 2015, HUD had tried to work out a multi-million dollar legal settlement with the lender, whereby Quicken would admit to wrongdoing.
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FHA Urges Calendar-Year Lenders to Begin Recertification Process Early

January 4, 2016
George Brooks
The agency is warning lenders that the annual recertification can be a lengthy, time-consuming process.
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Quicken Exploring Options After Federal Judge Dismisses Its Case Against DOJ, HUD

January 4, 2016
Paul Muolo
Back in April, the privately held Quicken sued the two cabinet level agencies and their leaders, claiming the residential lender was a target of a “political agenda" under which the DOJ…
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Short Takes: You Can Rule Out Other Lenders Suing HUD / $1.25 Billion Buys A Ton of Lawyers / Michigan Friendlier Than DC? / Erbey Still Loves Ocwen / LeaderOne Hires Light

January 4, 2016
Paul Muolo
“A terrible outcome,” one mortgage consultant told IMFnews…
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Origination of Reverse Mortgages Continues to Grow; Banks on the Sidelines

December 31, 2015
George Brooks
Commercial banks continue to avoid the reverse mortgage market like the plague.
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In the New Year, Look for Rule Changes from the VA on Fees, Appraisers, More…

December 31, 2015
George Brooks
One proposed rule would establish reasonable fees that VA lenders may charge in connection with the origination and servicing of loans.
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Short Takes: The ‘Biggest’ Mortgage Stories of 2015? A Subject Ranking, for Sure / But Here’s the List: Strong Origination Volumes; TRID, Nonbanks, FHA Loan Volumes, No GSE Reform, Blackstone’s Mortgage Growth…

December 31, 2015
Paul Muolo
The biggest mortgage story of 2015? How about origination volumes being a lot better than anyone dreamed of?
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CFPB Issues TRID ‘Clarifying’ Letter; GSEs Won’t Conduct ‘Routine’ Post Purchase Reviews

December 30, 2015
Thomas Ressler
The CFPB letter is aimed at preventing the secondary mortgage market from getting clogged up...
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