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Seriously Delinquent FHA/VA Loans Spike in Third Quarter

November 13, 2020
Maria Volkova
FHA delinquency rates went down 6 basis points to 15.59%, a Mortgage Bankers Association survey found. Though worth noting: FHA loans in the seriously delinquent category (90-days past due) reached a survey-high of 10.76%.
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Rising Once Again: Ginnie Mae EBOs

November 13, 2020
Paul Muolo
More issuers are stepping up their game in buyouts of delinquent loans from Ginnie pools. Nonbanks especially. (Includes data chart.)
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Mayor Pete for HUD Secretary? Ginnie Chief Departs

November 13, 2020
Paul Muolo
A new president in the White House means a changing of the guard at HUD, FHA and Ginnie. The candidates are...
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Will the Disparate-Impact Rule Die a Quiet Death?

November 13, 2020
Maria Volkova
Will President-elect Joe Biden live up to his election promise and gut a lender-friendly disparate-impact rule?
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FHA Proposes Private Flood Insurance for SF Mortgages

November 13, 2020
Maria Volkova
The proposed rule would allow homeowners in special flood hazard areas to comparison shop for loss coverage.
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Will ‘Dreamers’ Qualify for FHA Loans Under Biden?

November 13, 2020
Maria Volkova
Under the Trump administration, many lenders received letters from HUD stipulating that DACA recipients are not eligible for FHA loans.
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Climate Change Looms Over Government-Insured Servicing

November 13, 2020
Maria Volkova
Natural disasters will continue to pose a heightened risk for servicers of Ginnie Mae loans, Mayer Brown said in a report.
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HUD’s Carson Reassures on Rising FHA Delinquencies

October 30, 2020
Maria Volkova
The MMIF’s net worth is likely to have increased sharply in fiscal 2020. This year’s actuarial report will include stress test results.
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Large Government Lender Caliber Home Delays IPO

October 30, 2020
Paul Muolo
Without much warning or explanation, top-ranked FHA/VA originator Caliber has scuttled its IPO, at least for now.
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Still There but Not in Use Very Much: Ginnie PTAP

October 30, 2020
Paul Muolo
If needed, the Ginnie PTAP liquidity program is there, but very few issuers are using it. A good sign?
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