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
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
VA Edges Further Ahead of FHA in 3Q20 November 25, 2020 John Bancroft Freedom Mortgage ranked as the top FHA lender and the top VA lender at the nine-month mark, though the competition was catching up on the VA side. (Includes three data charts.)Read More
The FHA MMIF Posts Solid Capital Ratio of 6.10% November 13, 2020 Paul Muolo and Maria Volkova FHA delinquencies are a paramount concern for regulators and lenders but the MMIF closed fiscal 2020 on solid footing. (Includes data chart.)Read More
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... Read More
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? Read More
Top FHA Lender Freedom Likely to Stay Private October 16, 2020 Paul Muolo Public ownership isn’t for everyone. Just ask FHA-direct giant Freedom Mortgage of Mt. Laurel, NJ. Read More
Wells Fargo Makes Big Bet on Ginnie EBOs. Others? October 16, 2020 Paul Muolo Thanks to high forbearance readings and escalating delinquencies, Wells Fargo is once again playing the Ginnie buyout game. It’s not alone.Read More
FHA Loans in Seriously Delinquent Category Increase October 2, 2020 Maria Volkova According to FHA Neighborhood Watch, serious delinquencies have increased from 10.4% to 11.2%. Read More