FHA Issues Quality Control Waivers During Pandemic June 26, 2020 Maria Volkova Quality control requirements for early payment defaults and field reviews of appraisals have been temporarily waived.Read More
A Growing Fear that Ginnie ‘Buyouts’ Could Mushroom June 12, 2020 Paul Muolo Ginnie MBS investors hate loan buyouts because it alters prepayment speeds. Will the COVID-19 crisis spark a wave of new activity?Read More
Top-Ranked FHA Lender Posts Stunning Gain-On-Sale May 29, 2020 Paul Muolo Even though loan forbearance is an issue that won’t go away, some FHA lenders are reporting off-the-charts profit margins. Included in that club: Mr. Cooper. Read More
FHA Finalizing Forbearance Policy for Loans in Progress May 29, 2020 Paul Muolo FHA’s policy regarding mortgage insurance coverage for loans in progress isn’t quite ready. Meanwhile, Ginnie Mae’s Pass-Through Assistance Program usage remains low.Read More
MBA Pushes for Stern FHA, GSE Forbearance Language May 29, 2020 Paul Muolo Legislation has been introduced in Congress to force FHA’s hand on forbearance. But will it go anywhere? Read More
Seniors Move to Tap Equity as Pandemic Spreads May 29, 2020 Yemeng Yang Seniors are tapping home equity during the coronavirus crisis, as evidenced by increased applications for Home Equity Conversion Mortgages.Read More
Lying in Wait: FHA’s Forbearance Policy for Loans in Progress May 15, 2020 Paul Muolo How to pay for the risk of backing FHA loans in progress where forbearance has been invoked? The industry is still waiting for answers.Read More
Top FHA/VA Lender Won't be Buying RoundPoint May 15, 2020 Paul Muolo Freedom Mortgage's purchase of a competitor has hit the skids. The top-ranked FHA/VA firm announced the deal a year ago. Read More
Coming Soon: LLPAs on FHA Loans in Forbearance May 1, 2020 Paul Muolo FHA’s pricing grid on COVID-19 loans in forbearance is said to be “at legal” and could see the light of day by the end of next week.Read More
Ginnie Moves to Sure-up MBS Servicers, Applause Follows April 17, 2020 Paul Muolo Ginnie MBS servicers received a shot in the arm earlier this month thanks to new language in a PTAP facility. Read More
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