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Home » Topics » Inside FHA/VA Lending » Lender/Issuer/Servicer News

Lender/Issuer/Servicer News
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Around the Industry

April 1, 2022
Monica Hogan
FHA issues clarification on reimbursement claims; MISMO seeks comments on a new dataset to support a VA certificate of eligibility form; HUD Office of Native American Programs to host virtual summit; HUD seeks nominations for Tribal Intergovernmental Advisory Committee.
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Around the Industry

February 18, 2022
Monica Hogan
FHA clarifies deadlines for legal matters related to COVID-19 forbearance; FHA updates on Catalyst transition; Rural Housing Service hikes appraisal fee.
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Around the Industry

February 4, 2022
Monica Hogan
Ginnie announces 18-month transition for single-family home and manufactured housing program issuers to its new single-family pool delivery module; Ginnie streamlines documentation requirements for servicers helping borrowers through advanced loan modifications.
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Around the Industry

January 21, 2022
Monica Hogan
FHA Catalyst activates new mortgagee administrator role; VA increasing aggregate loan guarantee funding for specially adapted housing; Ginnie Mae to adopt blockchain technology; VA to hike fines for lenders that make false loan guarantee certifications.
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LoanDepot Receives Ginnie OK to Bring Loan Servicing In-House

January 7, 2022
Monica Hogan
Foothill Ranch, CA-based loanDepot is in the process of overhauling its servicing operations. On the way out: subservicing vendors.
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Around the Industry

December 17, 2021
Monica Hogan
Vacant loan sale held by HUD; FHA extends comment deadline on servicing defect taxonomy; VA policy agenda includes plans to finalize a rule for cash-out refis; VA informs on certain appraisal policies; Ginnie Mae reminds issuers to complete renewals or certifications for master agreements; Ginnie revises definition of high-balance loan limits.
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Around the Industry

October 22, 2021
Monica Hogan
FHA/VA loans in COVID-19-related forbearance continue to drop; VA updates eligibility rules on specially adapted housing grants; HUD plans a fair housing event; Ginnie non-agency early buyout securitization planned; VA to host advisory committee meeting on homeless veterans.
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FHA Updates Assets for Net Worth Calculation by Lenders

October 8, 2021
Monica Hogan
FHA lenders have until Dec. 31 to comply with new changes to financial requirements for mortgagee eligibility.
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HUD Seeks Comments on LIBOR Impact to ARMs

October 8, 2021
Monica Hogan
With the London Interbank Offered Rate set to be discontinued, HUD issued a request for comments regarding FHA ARMs.
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D&O Insurance to Cover Guaranteed Rate’s FCA Costs

August 27, 2021
Monica Hogan
A Delaware Superior Court ruled that ACE American Insurance Co. must advance nearly $18 million to Guaranteed Rate on a claim the lender filed for defense costs related to allegations it violated the False Claims Act.
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