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Home » Topics » News » Inside FHA/VA Lending

Inside FHA/VA Lending
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FHA is Looking to Fill Vacancies

April 3, 2020
Maria Volkova
The window for applying for most of these jobs is a little more than a week.
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Ginnie Issuers in Spotlight as Coronavirus Concerns Spike

March 20, 2020
Paul Muolo
As the economic fallout from the coronavirus worsens, all eyes are on the FHA book of business. Forbearance is here but delinquencies could spike. And what about nonbank issuer/servicers? Ginnie isn’t saying much.
Read More

Ginnie Informs Issuers: BNYM No Longer a Document Custodian

March 20, 2020
Paul Muolo
Bank of New York Mellon this month lost its designation as a Ginnie Mae document custodian but issuers have time to find a new one.
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Equity Prime Mortgage Top FHA Direct Volume Gainer in 4Q19

March 20, 2020
Paul Muolo
Some FHA lenders posted out-sized production gains in 4Q, including Equity Prime Mortgage, Freedom Mortgage and Mr. Cooper. (Includes data chart.)
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Genworth, China Oceanwide Deal Closer to Completion

March 20, 2020
Namrata Bhatia
Genworth will contribute $100 million to its private mortgage insurance unit in order to facilitate its acquisition by China Oceanwide.
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CHLA Asks FHA to Drop Life-of-Loan Premium Policy

February 21, 2020
George Brooks
Community mortgage lenders are asking FHA to drop its life-of-loan premium policy that requires borrowers to pay annual mortgage insurance premium until their loan is fully paid.
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No Clean Audit Opinions for Ginnie, HUD 2019 Financial Statements

February 21, 2020
George Brooks
HUD inspector general was unable to sign off on HUD’s and Ginnie Mae’s 2019 financial statements due to a lack of evidence that past accounting weaknesses and issues have been satisfactorily resolved.
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UI: Government Agencies Must Treat Student-Loan Debt Equally

January 24, 2020
George Brooks
An Urban Institute study has called for uniformity among Fannie, Freddie, FHA, VA and USDA when considering student-loan debt in mortgage underwriting.
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Finance of America Announces Active-HECM Securitization

December 20, 2019
George Brooks
Finance of America Reverse has announced a new offering backed by active, first-lien Home Equity Conversion Mortgage loans purchased from Ginnie Mae pools and other third parties.
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Homeownership Racial Gap Narrower for Veterans, Study Finds

December 20, 2019
George Brooks
The racial disparities in the homeownership rate are smaller for veterans than the total U.S. population, according to a new Urban Institute study.
Read More
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