FHA Chief’s Criticism on Loan Limits No Big Deal? December 11, 2020 Paul Muolo Was FHA chief Dana Wade out of line on her criticism of the high-cost loan limit? Not really but it was (sort of) rare.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
New FHA/VA Loan Limits Coming Soon November 25, 2020 Dennis Hollier New FHA and VA loan limits for 2021 will be released on Dec. 2. 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
Large Government Lender Caliber Home Delays IPO October 30, 2020 Paul Muolo Without much warning or explanation, top-ranked FHA/VA originator Caliber has scuttled its IPO, at least for now.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
Banks Pledge to Invest into Minority Homeownership October 16, 2020 Maria Volkova JPMorgan Chase, Citi and Bank of America have committed funds to spur economic opportunities in underserved communities.Read More
DOJ Files Suit Against HECM Lender for Faulty Underwriting October 2, 2020 Maria Volkova Nutter Home Loans is accused of trying to bolster reverse mortgage originations by using unqualified underwriters.Read More
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