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Home » Topics » IMFnews » Government-Insured Lending

Government-Insured Lending
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If Unemployment Benefits Come Up Short, Will Forbearance and Delinquencies Spike?

July 29, 2020
Paul Muolo

Cowen analyst Jaret Seiberg: “Our expectation is that FHA borrowers will be the first to suffer if Congress fails to extend enhanced unemployment benefits"...


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Senate Confirms Trump Nominee Dana Wade as FHA Commissioner

July 29, 2020
Maria Volkova

Wade takes the helm of the government’s mortgage insurer at a tumultuous time: FHA production is strong but the COVID-19-related forbearance rate on such loans are beginning to inch up as the employment picture worsens.


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Short Takes: About Those Million-Dollar Earners / Hear It and Then Cut It in Half / Rates? / BKFS on Forbearance / CHLA Addresses GSE Capital / A Promotion at Waterstone Mortgage

July 24, 2020
Paul Muolo and Dennis Hollier

Higher mortgage rates in six months? No one sees it...


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Mortgage Forbearance Cases Drift Lower Despite Increasing Infections, Economic Uncertainty

July 20, 2020

Even loans that fall into the “other” category (portfolio and private-label loans mostly) dropped: 10.41% from 10.93% on July 5.


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Private MI Firms Gain Market Share in 2Q20

July 17, 2020
John Bancroft

The biggest gain in the government market was in VA loans, where quarterly volume was up 23.5%...


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A New Milestone: Nonbanks Now Service More Than Half of Agency Product

July 16, 2020
John Bancroft

The writing was on the wall: nonbanks took over the Ginnie market back in 2016...


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FHA Rulemaking Focuses on Reducing Costs, Modernization

July 15, 2020
Maria Volkova

In order to lower servicing costs, FHA proposed limiting required mortgagee curtailment of interest to the length of the mortgagee’s delay...


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Another New Record for Ginnie MBS Issuance

July 14, 2020
John Bancroft

The venerable agency MBS platform set production records in both the third and fourth quarters of 2019, caught its breath in early 2020, and then rose 12.7% to a new high in the April-June cycle.


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A Noticeable Drop in Ginnie Forbearance but ‘Buyouts’ Affect the Equation

July 13, 2020
Paul Muolo

The Fannie Mae/Freddie Mac measurement came in at 6.07%, down 11 bps, the fifth consecutive decline.


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Agency MBS Soars in the Second Quarter

July 7, 2020
John Bancroft

Record-low mortgage interest rates powered a surge in refinance activity in agency mortgage-backed securities platforms during the second quarter of 2020, according to a new Inside Mortgage Trends analysis.


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