If anyone in the mortgage industry thought Ginnie Mae – and FHA for that matter – might take a kinder, gentler approach to the lenders it manages under the Trump administration, by now they are sorely disappointed. Over the past few weeks, Ginnie has suspended a mid-sized lender – 360 Mortgage Group – from its program and sent Executive Vice President Maren Kasper to the annual convention of the Mortgage Bankers Association to relay the message that agency stress tests are ...

A growing concern that foreign investors might avoid Ginnie MBS?

No wonder Ginnie Mae Acting President Michael Bright is nervous: Short-term default rates showed the biggest increases…

Fannie Mae continues to mine for non-existent companies that might show up on the consumer loan applications submitted to its seller-servicers...

Ginnie will soon require its largest issuers to secure servicer ratings and, in some cases, credit ratings…

The allegations center on loans submitted to FHA for insurance coverage from January 2006 to Dec. 31, 2011.

Florida loans account for the largest chunk of the receivables at 13 percent...

Otting is Comptroller of the Currency. The speculation is that he will pull a Mick Mulvaney and wear two hats for a while…

TMS President Ali Vafai said there’s a huge “void” of subservicers that can effectively handle high-touch product, especially Ginnie Mae receivables.

FHA is running on a 40-year old IT system…