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Home » Topics » IMFnews » Government-Insured Lending

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Loan Brokers Post Big Gains in FHA/VA Production

August 19, 2019
John Bancroft

The flow of broker-originated FHA and VA loans into Ginnie MBS increased by 63.1% during the second quarter, hitting $16.78 billion...


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Short Takes: You Can’t Deny July (Volumes) / The Others? / Good News on the Warehouse Front / CHLA Wants a Stress-Test Carve Out for Small Shops / George Mason Mortgage Hires ex-MBA Chief Stevens

August 15, 2019
Paul Muolo
In terms of new originations, the third quarter could be a barn-burner as well...
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Jumbo Originations a Standout in 2Q19 Production Boom

August 15, 2019
John Bancroft

Jumbo lending soared by 67.2% sequentially while expanded-credit lending increased by a modest 18.8%, Inside Mortgage Finance found…


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In Long-Awaited Move, HUD Loosens Condo Financing Rules

August 14, 2019
George Brooks

In addition, the new rules would establish an allowable range for commercial space between 25% and 60%, which would make it less cumbersome for mixed-use communities to obtain FHA approval. 


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Short Takes: MSR Marks: Look Out Below? / There’s Power in Moving Markets / Watching the Habib Call / Changes Coming to FHA Condo Program / PNC Exec Joins REIT

August 13, 2019
Paul Muolo

Big changes coming to the FHA condo market? Look for a big announcement on Wednesday...


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Agency MBS Issuance Soars in July, Purchase Loans Star

August 9, 2019
John Bancroft

At Fannie and Freddie, cash-out refinance volume was up 16.0% from June, while rate-term transactions rose 12.6%.


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HUD Sides With Lenders on Disparate-Impact Claims

August 8, 2019
George Brooks

In its analysis of the Fair Housing Act, the Supreme Court noted the importance of limiting disparate-impact liability so as not to hinder lenders…


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FHA’s Loan Review System Back Online. Documents Lost? Unclear

August 7, 2019
George Brooks

FHA originators use LRS for post-endorsement loan reviews, unconditional direct-endorsement test cases, lender monitoring reviews, and self-reporting of fraud…


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Solid Gains for FHA and VA Production in 2Q19

August 6, 2019
George Brooks

Among the top 10 FHA direct lenders, not one was a bank. Quicken ranked first overall...


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What We’re Hearing: FHFA Reviewing a Cap on Cash-out Refis of GSE Loans / Some Interesting Details on CSS (Money Spent) / Berkowitz Offers an Update on His GSE Investment / Ocwen’s Earnings? / LD CTO Departs

August 2, 2019
Paul Muolo

In a new report to its shareholders, Fairholme Capital Management notes the fund it manages owns a 4% position in the preferred shares of Freddie, “which currently trade at less than half of stated liquidation values, implying potential current yields of over 14% per annum.”


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