The profit gods were kind to FHA/VA lender Quicken Loans and its parent company. Can the good times last?

Susquehanna International Group dismissed the private MI industry’s concerns over a potential FHA cut as “unwarranted” and not aligned “with the underlying math.”

The U.S. District Court of Chicago indicted four individuals for participating in a fraud scheme to obtain mortgage loans totaling at least $3 million.

Industry watchers predict FHA premiums will be cut by 25 basis points in the coming weeks. An even bigger cut is possible later in the year.

Who might get the FHA and Ginnie jobs in the Biden administration? Right now, there aren’t many clues.

During her confirmation hearing, Marcia Fudge pledged support for more pandemic relief, affordable housing and housing equity.

A coalition of more than two dozen industry groups sent a letter to the VA urging the government insurer to make changes to its proposed partial claim payment program.

The forbearance reading for portfolio loans and private label securities worsened, increasing by 26 basis points to 8.94% as of Jan. 17.

The ban on evictions and foreclosures has been extended through March 31.

As of March 31, 2020, there are 643,430 active DACA recipients, who can now receive an FHA-insured mortgage.