FHA Catalyst Platform Can Now Accept all Digital Claims December 23, 2020 Maria Volkova New claim types available: the Claims Without Conveyance of Title and the COVID-19 National Emergency Standalone Partial Claim.Read More
Around the Industry December 23, 2020 FHA revises URLA form; MI premium tax deduction extended; CFPB warns about HECM scams.Read More
The HUD Job is Settled. Next Up: Chiefs of FHA and Ginnie December 11, 2020 Paul Muolo The incoming Biden administration has picked a HUD secretary, legislator Marcia Fudge. Next up: the FHA and Ginnie Mae jobs.Read More
Ginnie Keeping an Eye on the ‘Buyout’ Craze December 11, 2020 It’s no secret that early buyouts of delinquent FHA and VA loans are rising. Ginnie Mae, as might be expected, is keeping a close watch. (Includes data chart.)Read More
Rare Spottings of Ginnie Bulk MSR Deals December 11, 2020 Paul Muolo Ginnie Mae MSR auctions are a reality once again. Stay tuned. Read More
Overall, Forbearance is Flat Except in Ginnies December 11, 2020 Paul Muolo High unemployment readings are fueling an increase in Ginnie forbearance. Trouble ahead?Read More
Biden Taps Former Obama Chief of Staff to Head VA December 11, 2020 Dennis Hollier McDonough will head the second largest federal agency, with more than 400,000 employees and a $200 billion budget.Read More
FHA Chief’s Criticism on Loan Limits No Big Deal? December 11, 2020 Paul Muolo Was FHA chief Dana Wade out of line on her criticism of the high-cost loan limit? Not really but it was (sort of) rare.Read More
Millennial Homebuying Flies In the Face of Convention December 11, 2020 Dennis Hollier Nearly 93% of all the FHA loans to millennials that closed in October were for home purchases.Read More
Loan Traders Active in Ginnie EBOs November 25, 2020 Paul Muolo Interest in Ginnie Mae EBOs is so strong that a secondary market has developed for the product. Read More