The financial condition of nine of Ginnie’s largest nonbank issuers is under review as part of the agency’s ongoing effort to ensure they are financially capable of withstanding the worst economic conditions.

A recent memo from HUD and DOJ appears to have eased the use of False Claims Act in FHA enforcement. However, compliance attorneys warned lenders not to let their guard down.

VA lenders have until Nov. 15 to bring streamlined refinances into compliance or suffer temporary loss of VA authority to close loans.

HUD is seeking feedback on proposed revisions to loan-level certifications, which would reflect FHA’s statutory and regulatory requirements.

Ginnie Mae is now targeting mid-tier issuers and servicers for stress testing to gauge their financial strength and ability to weather adverse economic conditions.

Continuing with its efforts to curb serial refinancing, VA is set to tell certain lenders that their recent refinances may be ineligible for a guarantee, accord-ing to industry sources.

VA lenders and servicers have been instructed to ensure that information regarding funding fee exemptions is current at the time of closing to avoid in-correct fee charges to disabled veterans.

Lenders are hiring retail loan officers to handle the soaring demand for VA-guaranteed home loans led by lower interest rates.

Servicers of Home Equity Conversion Mortgage loans should brace for additional on-site supervisory audits, according to attorneys.