Thanks to a tweak in regulatory language, approved Ginnie Mae servicers can access financing for servicing advances. PennyMac was the first to sign up. Will other nonbanks follow?

HUD has approved alternative documentation for claim payments as well as extending deadlines for delivery.

A handful of top-ranked FHA lenders have ramped up their hiring in anticipation of processing a boatload of forbearance requests.

Multifamily borrowers with FHA-insured loans can receive forbearance for 90 days under the CARES Act.

Greystone to provide $25 million in HUD-insured construction financing for a multifamily project; the COVID-19 outbreak has spurred technological innovation at FHA; A new hire for Down Payment Resource.

Ginnie and FHA are working with Treasury and the Fed to allay fears about nonbank liquidity as COVID-19 lays fallow the U.S. economy.

There’s currently no bid for Ginnie Mae servicing rights and investment bankers are advising their clients to sit tight and ride it out.

HUD extends forbearance for a six-month period. As unemployment spikes, FHA/VA servicers brace themselves for delinquencies.

In the wake of the pandemic, FHA and VA lenders are raising credit score minimums, at least temporarily. Some are in mid-600s.

The VA has released two notices outlining how lenders should address borrowers affected by COVID-19.