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Home » Topics » News » Inside FHA/VA Lending

Inside FHA/VA Lending
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CFPB Fines VA Lender NewDay $2 Million for Deceptive Ads, Kickbacks

February 11, 2015
Thomas Ressler
NewDay's chairman emeritus is former Ginnie Mae president Joe Murin.
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Cherry Hill Mortgage REIT Buys Mortgage Company; Will Leverage MSRs

February 11, 2015
Paul Muolo
Stan Middleman, chairman of CHMI, told IMFnews that having agency approvals will allow the REIT to leverage servicing rights...
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Accounting Treatment for Past Due Loans in Ginnie Pools Clarified

February 11, 2015
George Brooks
According to the MBA, a Big Four accounting firm issued controversial guidance which would have been burdensome for small MBS issuers.
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Short Takes: HUD’s Castro Presents the Math / How Much?/ The Market for FHA Streamline Refis / Citadel Rolls Out ‘Alt A’ Product Named After a Dog / Arvest Mortgages Gets a New CEO

February 11, 2015
Paul Muolo
Citadel Servicing Corp., which has made a name for itself as a new-style subprime lender, has rolled out an Alt A mortgage called “Maggi.”
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FHA Working on a ‘Grid’ That Could Protect Lenders From Paying Huge Damages Due to ‘Manufacturing Defects’

February 10, 2015
Paul Muolo
A proposal from FHA could see the light of day within six weeks, some have speculated.
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Liquidity Requirements in FHFA Proposal a Concern for the Industry

February 10, 2015
Paul Muolo
Marina Walsh, vice president of industry analysis for MBA, said, “We don’t have enough information to do a thorough analysis of the proposal.”
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FHA Lending Took It On the Chin in 2014

February 10, 2015
George Brooks
Among all lenders, Quicken Loans led the pack with $6.67 billion of production, a 27 percent drop from the prior year.
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MountainView Selling $736 Million of Mortgage Servicing Rights

February 10, 2015
Paul Muolo
The MountainView package is top heavy with California product. The identity of the seller was not provided.
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Agency MBS Issuance Softened in January as Purchase Market Slowed

February 6, 2015
John Bancroft
Fannie, Freddie and Ginnie produced $85.18 billion of new single-family MBS during the month of January.
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Obama Estimate on Those Helped by FHA Premium Cut Exaggerated?

February 6, 2015
George Brooks
Meanwhile, a separate survey conducted by Inside Mortgage Finance found 17 percent of respondents holding the belief that the premium cut will have little effect...
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