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Home » Topics » IMFnews » Government-Insured Lending

Government-Insured Lending
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Ginnie Mae Seeks Feedback on Potential Changes to Pooling Criteria

May 3, 2019
George Brooks

Ginnie Mae is seeking public comment about the impact of potential changes to its loan-pooling guidelines.


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Wells Kicked Off its Pedestal as Top Issuer of Agency MBS

May 3, 2019
John Bancroft

Where Wells Fargo is no longer number one: Monthly MBS issuance...


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PennyMac Posts $46.1 Million in Net Income for 1Q. Originations Down, Servicing Up...

May 3, 2019
Brandon Ivey

PennyMac founder and Executive Chairman Stan Kurland: "While the correspondent market remains competitive, margins appear to be stabilizing as they were essentially unchanged from the prior quarter at 29 basis points..."


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AEI Blames FHA Volume Decline on TOTAL. MBA Says Pinto Is Wrong

May 1, 2019
George Brooks

However, the Mortgage Bankers Association disagrees with Pinto’s findings...


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Ginnie Mae Picks SOFR as the Index Replacing LIBOR

April 30, 2019
Paul Muolo

Amherst Pierpont Securities worked with Ginnie on the SOFR tranche…


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Quicken Clarifies: Despite a Court-Appointed Mediator, It Has No Plans to Settle FCA Case

April 29, 2019
George Brooks

Quicken vehemently denied the accusation and in April 2015 filed a lawsuit in federal district court in Detroit, accusing the government of “arbitrary and capricious conduct and misuse of power to extort money from lenders.”


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What We’re Hearing: Due Out Next Week: GSE Earnings / The Last Dividend Payment? / Maybe a Chance at Reform Legislation? / LendingTree’s Money Tree? / MIAC’s MSR Auction

April 26, 2019
Paul Muolo

Keep an eye on what the GSEs say about their dividend payment...


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A $32.8 Million Loss in 2018 for Lender Bought by NSM in Early 2019

April 22, 2019
Paul Muolo

In 2018, Pacific Union had total expenses of $268.6 million, of which $164.1 million went for personnel...


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Change to FHA Downpayment Assistance Requirements Met with Harsh Criticism

April 19, 2019
Brandon Ivey

"Now having been in the mortgage industry for over 30 years, HUD’s mortgagee letter is perhaps one of the most egregious and ill-advised actions that I have seen taken by a government agency in many years," said Anne Canfield, a partner at Michael Best Strategies.


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Legislation Introduced to Address VA Orphan Loans

April 18, 2019
George Brooks

In recent years, the share of VA loans in Ginnie MBS pools has grown significantly...


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