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Home » Topics » IMFnews » Government-Insured Lending

Government-Insured Lending
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Ginnie Issues New Servicer Requirements. Some Are Not Happy

August 22, 2019
Paul Muolo

The change is part of the agency’s continuing focus on risk management as its book of business continues its historic shift toward nonbank mortgage servicers that have come to dominate its $2.0 trillion-plus portfolio.


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Loan Broker Market Share Climbs to New Post-Crisis High: 14.9%

August 22, 2019
John Bancroft

Quicken was the market leader in retail lending with UWM taking top honors (by far) in the wholesale category. Wells Fargo was the top correspondent buyer in 2Q19…


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Ginnie Mae MBS Issuance Surges to Four-Year High in July

August 21, 2019
John Bancroft

Lenders pooled $44.70 billion of single-family forward mortgages into Ginnie MBS last month. It was the highest monthly total since July 2015…


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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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