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House Passes Key Legislation Supporting Homeownership

May 7, 2021
Maria Volkova
The Housing Financial Literacy Act and the Improving FHA Support for Small Dollar Mortgages Act are both aimed at making homeownership more affordable for borrowers.
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COVID-Related Forbearance Picture Continues to Brighten

May 7, 2021
Maria Volkova
The share of residential mortgages in forbearance decreased for the ninth straight week to 4.47%. Overall, 2.23 million homeowners remain in forbearance, according to the Mortgage Bankers Association.
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Ginnie Mae Sees Promise in Blockchain Technology

May 7, 2021
Maria Volkova
Ginnie's dive into blockchain technology is an independent initiative and will not impact FHA/VA, the agency promised.
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Secretary Fudge Blames HUD for Housing Inequality

April 23, 2021
Maria Volkova
The new HUD secretary said real estate agents also are complicit in creating the homeownership gap by undervaluing properties and not providing buyers the relevant information.
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HUD Moves to Restore 2013 Disparate-Impact Theory

April 23, 2021
Maria Volkova
The return of the Obama-era rule would acknowledge that there is no room for discrimination in housing.
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VA Sends COVID-19 Partial Payment Program for Review

April 23, 2021
Maria Volkova
If the proposed COVID-19 partial claim payment program is implemented, veterans who use it could see a substantial rise in their monthly payment, according to industry trade groups.
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All Aboard, the Next Stop for Genworth MI is an IPO

April 23, 2021
Maria Volkova
The IPO news comes less than two weeks after Genworth nixed its years-long merger agreement with China Oceanwide Holdings Group.
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Loans in Forbearance Decline for Seventh Straight Week

April 23, 2021
Maria Volkova
According to Black Knight, 435,000 loans in COVID-19 forbearance will expire in May and a whopping 890,000 in June.
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Effectual Wins $140M Cloud Services Contract with Ginnie

April 23, 2021
Maria Volkova
The New Jersey-based company will help modernize Ginnie Mae’s platform to provide enhanced security, monitoring and service delivery across its entire application portfolio.
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Industry Weighs In on FHA Holding Back MIP Cut

April 9, 2021
Maria Volkova
Most industry watchers expect the FHA to lower insurance premiums some-time during Biden’s presidency. It’s just a matter of when.
Read More
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