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Home » Topics » IMFnews » Government-Insured Lending

Government-Insured Lending
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Ginnie Buyouts Drive Bank Repurchases Higher

January 12, 2021
John Bancroft

JPMorgan Chase topped the ranking with $413 million in repurchases for the third quarter...


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Another Decline in the Forbearance Reading but Worries Persist

January 11, 2021
Paul Muolo

On Friday, Black Knight released its weekly forbearance report, declaring that 5.2% of all mortgages were in some form of relief, a 92,000 unit decline for the seven-day period ending Jan. 5. The data analytics vendor said despite what looked like positive news, it cited a “troubling slowdown in the rate of improvement.”


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An Idea Worth Pondering Again: Spinning Off FHA

January 7, 2021
Maria Volkova

There was a huge push for FHA autonomy by former Commissioner Nicolas Retsinas during the Clinton years, but it went nowhere.


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The Final Agency MBS Count for 2020: A Record Setting $3.15 Trillion

January 6, 2021
John Bancroft

What's more, the GSEs upped their share of the agency market to 75.8%, and dominated the overall single-family market as well...


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Ginnie Forbearance Reading At Highest Level Since November

January 5, 2021
Paul Muolo

Late last week, Black Knight released its measurement: 2.83 million mortgages in COVID-related relief for the seven-day period ending Dec. 29. The FHA/VA (GNMA) reading increased by 11,000 units.


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The Ginnie Early Buyout Game Leans Heavily Toward FHA

January 4, 2021
Paul Muolo

In general, most of the delinquent loan buying has been done by the megabanks and top-ranked direct-FHA funders like Quicken Loans and PennyMac...


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Reverse Lending Up Sharply in 3Q20

December 31, 2020
Namrata Bhatia

Reverse Mortgage Funding maintained its second-place position but trailed far behind with $743.5 million. Finance of America, which is controlled by the Blackstone Group, moved up a notch to third place with $577.0 million.


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Nonbank CDFI Lender Raises $31.5M Through Private Placement

December 30, 2020
Paul Muolo

To date, the Irvine, CA-based nonbank has raised $81.5 million through the sale of preferred equity...


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Correspondent and Broker Channels Regain Some Share of FHA/VA Market

December 28, 2020
John Bancroft

FHA/VA originations through the correspondent channel increased by 48.5% during the third quarter, bringing the channel's market share to 31.3%.


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Trump Signs Bill with Stimulus Package and Government Funding

December 28, 2020
Brandon Ivey

The signature averts a shutdown of the federal government and paves the way for stimulus payments while Trump pressures Congress to send even bigger checks.


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