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Home » Topics » Inside FHA/VA Lending » Government-Insured Servicing

Government-Insured Servicing
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Farmer Mac Moves to Centralized Servicing Model

August 27, 2021
Monica Hogan
The Federal Agricultural Mortgage Corp. has acquired the servicing rights for all loans in its Farm & Ranch and USDA Guaranteed portfolios.
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Early-Stage Defaults up in 2Q21, FHA Servicing Down

July 30, 2021
John Bancroft
Freedom Mortgage and Lakeview Loan Servicing were the top players in acquiring Ginnie servicing rights in the MSR transfer market during the second quarter. (Includes four data charts.)
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Some Angry, Some Ho-Hum Over New Cap Standards

July 30, 2021
Paul Muolo
The industry has mixed views on the new capital proposals from Ginnie Mae. But one thing is clear: The standards only apply to nonbanks.
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Policy Experts Call on FHA to Revise Loan-Mod Options

July 30, 2021
Brandon Ivey
FHA should offer borrowers a flexible loan-modification option that would use a portion of a servicer’s partial claim amount to reduce a borrower’s monthly payment, dollar for dollar, according to analysts at UI.
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Industry Quiet on Proposal to Tighten Issuer Standards

July 16, 2021
Maria Volkova
According to Ted Tozer, former Ginnie Mae president, the industry was warned ahead of time by the government guarantor of plans to tighten financial requirements for single-family MBS issuers.
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FHA Adds New Loan-Mod Screening Requirement

July 16, 2021
Maria Volkova
FHA servicers are required to screen their portfolios by Aug. 24 for borrowers potentially eligible for the mod.
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FHA Tech Finally Ditching Mainframes for the Cloud

July 16, 2021
Maria Volkova
Plagued with years of failed technology modernization initiatives, HUD is turning things around with an IT modernization roadmap deemed a success thus far by HUD's Inspector General.
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ORIX Top Multifamily MBS Servicer in Ginnie Market

July 2, 2021
John Bancroft
Delinquency rates remain at low levels for multifamily mortgages in Ginnie MBS, though modified loans accounted for 18% the outstanding market. (Includes data chart.)
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The Guessing Game Continues for FHA and Ginnie Posts

May 21, 2021
Paul Muolo
Ginnie Mae hasn’t had a “confirmed” president since early 2017. Is that about to change?
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Sharp Decline in GNMA MBS Delinquency Rates in 1Q21

April 23, 2021
John Bancroft
Ginnie Mae delinquency rates fell across the board during the first quarter of 2021, though still higher than a year ago. Solid growth in the VA market could not offset slumping FHA servicing. (Includes four data charts.)
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