Ted Tozer, the former Ginnie president, wants to head off a potential liquidity crisis before it happens. Is anyone listening?

One option places past-due mortgage amounts in separate junior liens of up to 30% of the outstanding. The lien is repayable when the mortgage ends, which is usually when a borrower refinances or sells their home.

If HUD implements its proposed final disparate impact rule, exceeding its authority, it could be a challenged under the Administrative Procedure Act, according to an industry attorney.

The internal watchdog has raised concerns about HUD’s inability to identify and track personally identifiable information on one billion records.

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.