GSE and government-insured loans accounted for 86.1% of the market in early 2020, a period that featured a historic nosedive in mortgage interest rates and frenetic volatility caused by the pandemic...

The average credit score for VA loans rose 1.3 points from the fourth quarter to 716.1 in the first three months of 2020. That’s the highest reading since loan-level MBS became available from Ginnie in 2014.

Arch MI: “The loss ratio for the 2020 first quarter reflected 12.0 points of losses which resulted from financial stress due to the COVID-19 global pandemic."

The $500 deferment fee is scheduled to take effect on July 1, pending approval from the Federal Housing Finance Agency.

In addition, Fannie and Freddie have helped reduce face-to-face interactions during the closing process by expanding the use of powers of attorney and remote online notarizations.

Amhert's planned acquisition of Front Yard was announced weeks before the financial impact of the coronavirus was apparent.

Fannie Mae, Freddie Mac and Ginnie Mae pumped out a record $236.8 billion of single-family MBS in April. The previous record was $232.1 billion, set in June 2009.

Fannie CEO Hugh Frater sees the COVID-19 forbearance count rising to 15% in the second quarter.

Fitch Ratings late last week put five GSE credit-risk deals on ratings watch. The outlook for 42 classes was lowered to outlook negative.