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Conforming-Jumbo Volume Drops Sharply in 2018

March 7, 2019
John Bancroft
Lenders delivered $93.54 billion of conventional, FHA and VA mortgages with loan amounts exceeding $453,100 into agency mortgage-backed securities last year, a 23.9% decline from 2017.
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FHA, VA Delinquency Rates Decline in Fourth Quarter

March 6, 2019
George Brooks
FHA delinquency rates fell 26.4 basis points between December and January and were down 14.1 bps over an eight-month period ending January, according to the Inside FHA/VA Lending database ...
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Trade Groups Again Seek Delay of Accounting Standard Set for 2020

March 6, 2019
Brandon Ivey
A number of trade groups renewed their request on Tuesday for a delay in implementation of the current expected credit loss accounting standard ...
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Final Rule on UMBS Issued; June Launch Date Remains

March 6, 2019
Paul Muolo and Brandon Ivey
The Federal Housing Finance Agency last week issued a final rule aimed at improving liquidity of the to-be-announced MBS as well as the new uniform MBS, which makes its debut in early June ...
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CFPB Expected to Roll Back 2015 HMDA Rule

March 6, 2019
Yemeng Yang
The CFPB is likely to propose changes to the mortgage disclosure rule, according to industry observers ...
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Short Takes: Ben Carson to Leave HUD After 2020 Election? / CFPB Hearing / Home Price Appreciation Slows / Mortgage Applications Down / Pinto’s Housing Finance Reform Plan

March 6, 2019
Yemeng Yang
Housing and Urban Department Secretary Ben Carson said he is planning on leaving his post at the end of President Trump’s first term ...
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Ginnie Mae MBS Production Gains Slightly in January

March 5, 2019
John Bancroft
Ginnie Mae saw a modest increase in issuance of single-family mortgage-backed securities in January, according to an Inside FHA/VA Lending analysis of MBS disclosures ...
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Warehouse Commitments Decline, Usage Rates Plunge

March 5, 2019
Paul Muolo
Warehouse lenders ended the year with $64.0 billion of commitments on their books, a modest 1.4% sequential decline and flat compared to the same period a year ago ...
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First-Time Homebuying Servicemembers Prefer VA Loans, Says CFPB

March 5, 2019
Yemeng Yang
The Consumer Financial Protection Bureau in a new report found that more first-time homebuyers in the military used loans guaranteed by the U.S. Department of Veterans Affairs from 2006 to 2016 ...
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Short Takes: Freddie Mac Invests $61M in Affordable Housing / AMC Acquires a Title Search Firm / Stevens Joins Tech Company / CFPB Kicks Off PACE Financing Rulemaking

March 5, 2019
Yemeng Yang
Freddie Mac on Monday initiated three investments in affordable housing managed by National Equity Fund ...
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