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Home » Topics » IMFnews » Government-Insured Lending

Government-Insured Lending
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FHA/VA Market Tilts Back to Mostly Purchase Lending

November 22, 2021
John Bancroft
It was the first time that purchase-mortgage business represented the biggest source of new FHA/VA lending since the third quarter of 2019...
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On the Way Up: Non-Agency Loan Production

November 18, 2021
John Bancroft
The conventional-conforming market, which is dominated by Fannie Mae and Freddie Mac, accounted for 70.9% of first-lien originations through the first nine months of 2021.
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Time to Cut the MIP? FHA’s Insurance Fund Ends FY21 with a Capital Ratio North of 8%

November 15, 2021
Monica Hogan
How long before the White House caves on a premium cut?
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Mods Keep FHA Ahead of VA in New Ginnie MBS

November 9, 2021
John Bancroft
Loan modifications played a big part in keeping the FHA program the top provider of Ginnie loans.
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Finance of America Swings to a Profit in Third Quarter

November 9, 2021
Brandon Ivey
While FoA is originating many more traditional mortgages than reverse mortgages, much of the lender's profits are coming from reverses...
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Trouble Ahead? An Unsightly Increase In Early-Stage Delinquencies

November 2, 2021
John Bancroft
The government-insured market was under more pressure...
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Nonbanks Worry About Ginnie's Pending Capital Proposal

October 29, 2021
Brandon Ivey
In August, Ginnie sought comments on the capital standards. While some of the changes would apply to all servicers, others would apply specifically to nonbanks, the dominant players in the agency’s MBS program.
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Downpayment Assistance Spending Outlined in BBB Framework

October 29, 2021
Monica Hogan
Individual DPA grants could reach 10% of a home’s purchase price or $20,000, whichever is greater.
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Great Expectations for Upcoming FHA MMIF Audit

October 26, 2021
Monica Hogan
If the MMIF makes it through forbearance exits without major losses, FHA could cut premiums in the first or second quarter of 2022. Or so the industry hopes...
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Ginnie Servicing Performing Better, Freedom Ups Stake

October 25, 2021
Brandon Ivey
Freedom remained the top Ginnie servicer with $272.22 billion of MSRs on its books at the end of 3Q21...
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