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Home » Topics » IMFnews » Government-Insured Lending

Government-Insured Lending
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First-Time Home Buyer Business Up 20% in 3Q19, But Repeats Even Higher

October 10, 2019
John Bancroft

The FHA program saw the slowest gain in FTHB business, up just 13.6% from the previous period…


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Short Takes: FHFA Sets the ‘Deliverables’ / The Value of the Contract? / The Waiting is the Hard Part (Montgomery Nomination) / High Marks / Non-QM Lender Declares a Dividend

October 8, 2019
Paul Muolo and George Brooks

Although Brian Montgomery has been sworn in, he still faces a hearing in the Senate. Meanwhile, the Senate’s time might be taken up with a possible impeachment trial…


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Retail Channel Gains Market Share in the Agency Category

October 8, 2019
John Bancroft

The gain in retail market share came at the expense of both correspondent and wholesale-broker originations.


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RMF to Issue Non-Agency MBS Backed by Newly-Originated Reverse Mortgages

October 4, 2019
Brandon Ivey

The MBS from Reverse Mortgage Funding will be the first post-crisis deal backed by newly-originated proprietary reverse mortgages.


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Spurred by Refis, Agency MBS Issuance Climbs to 11-Year High

October 3, 2019
John Bancroft

The biggest growth in the agency mortgage market during the third quarter of 2019 came from increases in refinance lending…

 


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Another Big Month for Ginnie MBS Issuance

October 2, 2019
John Bancroft

Ginnie Mae MBS issuance totaled $50.4 billion in August, the best monthly reading of the year…


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Ditech Completes Sale of Reverse Mortgage Solutions to MAM LLC

October 1, 2019
Paul Muolo

Ditech, in the coming days, expects to close on its previously announced asset sale to New Residential Investment Corp. The REIT is scheduled to purchase most of the nonbank’s servicing portfolio and what’s left of its origination platform.


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Short Takes: Blunt Advice on LOs: Move Up or Move Out / Saved by Rates Again? / Prestwick Offers Bulk MSR Package / A Decade at Long & Foster / FHFA Settles with Watt’s Accuser

September 30, 2019
Paul Muolo and Dennis Hollier

Although origination volumes appear to be strong these days, some mortgage executives are already worrying about what might happen next year...


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Senate Panel Asks HUD to Study Ginnie’s Dependence on Contractors

September 30, 2019
George Brooks

The Senate panel believes such a study is crucial before Ginnie develops a plan to fill gaps in hiring and retention.


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Short Takes: Judging GSE Pilot Programs / Freddie Mum on the Exact Size / Warehousers Have Entered the Sector / Significant Changes at FHA Unlikely / Pointillist?

September 26, 2019
Paul Muolo

Freddie Mac declined to say how much credit it had extended under the pilot, though a spokesman said it was under $1 billion. 


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