The industry has mixed views on the new capital proposals from Ginnie Mae. But one thing is clear: The standards only apply to nonbanks.

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.

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.

FHA servicers are required to screen their portfolios by Aug. 24 for borrowers potentially eligible for the mod.

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.

Delinquency rates remain at low levels for multifamily mortgages in Ginnie MBS, though modified loans accounted for 18% the outstanding market. (Includes data chart.)

Ginnie Mae hasn’t had a “confirmed” president since early 2017. Is that about to change?

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.)

Freedom Mortgage removed $32.1 billion of home loans from Ginnie MBS during the first quarter, mostly due to borrower payoffs. (Includes data chart.)

A downpayment assistance bill, which is still just a “discussion draft,” has the potential to provide $20,000 to first-generation homebuyers.