Ginnie MBS Issuance Continues to Slope Downward October 17, 2022 The top-three Ginnie issuers through the first nine months of 2022: PennyMac, Rocket Mortgage and Lakeview...Read More
As Midterms Approach, Optimism Regarding a MIP Cut Grows October 17, 2022 Monica Hogan A MIP cut soon? FHA Commissioner Julia Gordon is speaking next week at the annual MBA convention...Read More
Nonbank Share of Ginnie MSR Market Just Shy of 80% at Sept. 30 October 13, 2022 John Bancroft Will changes to the eligibility rules alter the incredible grip nonbanks have on the GNMA market?Read More
Private MI Loses Market Share to FHA/VA in 3Q22 October 12, 2022 Brandon Ivey Issuance of MBS with FHA purchase mortgages increased 8.1% from the second quarter...Read More
Home Point Continues to Shed Assets October 10, 2022 Paul Muolo The sale gets the Michigan-based wholesaler out of the reverse mortgage game...Read More
FHA Cash-Out Refi Share Spikes to 82% October 5, 2022 John Bancroft Some 47,195 endorsements for cash-out deals were recorded by FHA in 2Q22...Read More
Ginnie Expands Loan Buyout Authority Post Ian, Fiona October 4, 2022 Monica Hogan Ginnie Mae early this week expanded loan buyout authority to issuers to allow them to offer financial relief to borrowers affected by the recent hurricanes Ian and Fiona.Read More
FHA Seeks Industry Feedback on Low-Balance Lending October 3, 2022 Monica Hogan FHA’s Title II program provides limits on the maximum loan amount but doesn’t set a floor...Read More
What Controversy? Ginnie Chief Weighs In on Proposed Capital Rules September 21, 2022 Monica Hogan Among the FAQs: Why isn't short-term unsecured debt eligible?Read More
On the Agenda: Boosting Small-Dollar Mortgage Lending September 21, 2022 Monica Hogan HUD says the undervaluation of real estate in particular geographies can limit the attractiveness of renovations...Read More
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