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Trump Wants to Slash HUD’s Budget by 16%, but Allows for FHA ‘Tax’ to Upgrade IT

March 12, 2019
Paul Muolo
The Trump White House wants to impose a fee on FHA lending to raise the money...
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Banks Boosted ‘Servicing for Others’ in 4Q18. However…

March 11, 2019
John Bancroft
The top four banks in servicing for others all reported declining balances…
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Number of Borrowers with Negative Equity Increases for First Time in 3 Years

March 7, 2019
Brandon Ivey
Some 2.2 million borrowers were in a negative equity position at the end of 2018, a 1.6% increase from the end of the third quarter.
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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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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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Expanded-Credit Production Spikes 20% in 2018

March 4, 2019
Brandon Ivey
Angel Oak and Citadel Servicing Corp. both turned in banner years...
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Agency MBS Production Declined in January but Trading Volume Soared

March 4, 2019
Paul Muolo
The bravura performance came during a month when GSE and Ginnie Mae MBS issuance totaled just $80.7 billion…
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HECM Production Slowed by Government Closure

March 4, 2019
George Brooks
The HECM carnage was widespread…
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Latest Imf News

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