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Home » Topics » IMFnews » Government-Insured Lending

Government-Insured Lending
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Deputy HUD Secretary Montgomery: A ‘Significant’ Number of FHA Loans Will Go Into Forbearance

May 20, 2020
Paul Muolo

FHA's policy statement could see the light of day next week, or not...


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The COVID-Related Forbearance Train Keeps Slowing

May 18, 2020
Paul Muolo

According to figures compiled by Black Knight, 4.7 million homeowners are in forbearance plans...


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Refi Wave Elevates VA to Record Level in Early 2020

May 18, 2020
John Bancroft

A year ago, IRRRL activity totaled just $1.99 billion. In the first three months of 2020, it rocketed to $42.01 billion.


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Still Undecided: FHA's Forbearance Stance on Loans in Progress

May 15, 2020
Paul Muolo

For starters, FHA doesn’t have LLPAs in its toolbox. Then what?


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Private MIs Lose Market Share in 1Q20; VA Program Usurps FHA

May 14, 2020
John Bancroft

New insurance written by the industry’s six active private MIs fell 13.8% from the fourth quarter, while combined FHA/VA production rose 6.2%.


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Early-Stage Delinquencies Up Sharply in April Agency MBS Reading

May 12, 2020
John Bancroft

The biggest surge was in the Ginnie Mae program, where 818,657 loans were classified as 30- to 60-days past due as of the end of April, or 7.02% of the overall Ginnie portfolio. That was up 352,397 loans from the end of March.


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Mortgage Forbearance Aid Keeps Growing but at a Slower Pace

May 11, 2020
Paul Muolo

According to figures compiled by Inside Mortgage Finance, consumers owe $11.168 trillion on their first liens. If the new MBA forbearance reading is applied to that number, $883.3 billion of mortgages are in need of assistance, temporary or otherwise.


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Prepayments (Refis) Being Tapped for Short-Term Liquidity

May 8, 2020
Brandon Ivey

Using the "float" of payoffs to offset the advances? Why not? These are tough times...


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PennyMac Reports Large 1Q Profit, Says Its Future Looks Bright

May 8, 2020
Brandon Ivey

Officials at PennyMac said the nonbank is prepared to handle servicing-advance requirements and that origination activity remains strong...


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Jumbos, the Biggest Loser in the 1Q20 Originations Slump

May 7, 2020
John Bancroft

GSE and government-insured loans accounted for 86.1% of the market in early 2020, a period that featured a historic nosedive in mortgage interest rates and frenetic volatility caused by the pandemic...


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