FHA/VA loans in forbearance decreased by 30 basis points to 10.26% as of July 12.

The government guarantor will begin accepting electronic promissory notes and other digitized loan files for its MBS program.

Ginnie Mae recently changed pooling practices tied to the buyout of delinquent mortgages from its MBS.

Lenders don’t have to provide re-verification of borrower employment to HUD within 10 days of the mortgage note.

Changes to FHA’s claims without conveyance of title procedures include updated appraisal requirements and enhanced discounts applied to appraised values.

For borrowers who qualify for an Interest Rate Reduction Refinance Loan, a number of approval requirements have been temporarily waived.

MBA’s June 28 tally shows Ginnie Mae-backed loans in forbearance declined by 11 basis points to 11.72%.

Now that markets have calmed somewhat, mortgage insurers can issue insurance-linked deals and more. Arch is the first out.

The pandemic has wiped out as much as 50% of retirees' portfolios, according to Rob Kanyur, loan officer at Fairway Independent.

Borrowers in default or facing foreclosure should look out for fraudulent loan-modification schemes, the HUD Inspector General warned.