A Ginnie EBO Portfolio Hits the Auction Circuit March 14, 2022 Paul Muolo Bids on the whole loan package are due by St. Patrick's Day...Read More
Ginnie Issuance Down as Refi Boom Wanes March 9, 2022 The top three Ginnie issuers in February: PennyMac Financial, Lakeview and Rocket Mortgage...Read More
A Field to be Plowed: VA Cash-out Refis March 8, 2022 Monica Hogan VA cash-out refis allow borrowers to access up to 100% of the equity in their home...Read More
FHA Denial Rates Outpace Underlying Risk, Study Finds March 7, 2022 Monica Hogan HUD said disparities also cannot be explained away by “other elements of underwriting," such as under-appraisals...Read More
A Bullish Outlook for the Reverse Market... March 4, 2022 Monica Hogan Overall, FHA endorsed $23.80 billion of home-equity conversion mortgages last year, an annual increase of 34%...Read More
Ginnie Considering Changes to Support CDFIs February 25, 2022 Monica Hogan The new Ginnie Mae chief said the agency hasn’t yet determined what avenues would make sense but “specialized pools” could be a possibility...Read More
FHA/VA Lending Strong in 2021 But 4Q Suffered a Drop February 23, 2022 Monica Hogan The top three ranked VA lenders in 2021: Freedom Mortgage, Rocket and Veterans United Home Loans...Read More
Ginnie EBOs Start to Lose Their Luster? February 22, 2022 Paul Muolo Mr. Cooper CEO Jay Bray: “With forbearance programs winding down, the EBO opportunity is rapidly diminishing.”Read More
FHA Facing a Severe Talent Drain? February 11, 2022 Monica Hogan Dana Wade, a former FHA commissioner, said that like other employers, the federal government is experiencing issues from the Great Resignation, compounded by an aging workforce...Read More
Lenders Seek Clarity on FHA Loan Servicing Taxonomy February 9, 2022 Monica Hogan But the trades groups also believe implementation and development of new guidance should not be rushed.Read More
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