VA Alters Long-Pending IRRRL Proposal March 18, 2024 Monica Hogan Comments on the add-on notice are due May 6.Read More
FHA, VA Lending Declines in Fourth Quarter March 5, 2024 Monica Hogan Combined, FHA and VA lending declined by 17.7% in the fourth quarter.Read More
Top-Ranked Reverse Lender Working on Plan to Avoid Delisting; Debt Price Weak February 20, 2024 Paul Muolo One possible option for Finance of America is a reverse stock split...Read More
Agency Share of MI Activity Increases in Fourth Quarter February 16, 2024 John Bancroft New originations of loans with primary mortgage coverage fell off in the fourth quarter, with private mortgage insurers getting squeezed the most.Read More
Short Takes: Government Servicing Effort at MISMO / Housing Activity Slows / How Do Escrows Work? / Ratings for RTL Securitization / Publishing Break February 16, 2024 Brandon Ivey FHA, VA, Ginnie Mae and USDA are working with MISMO on a new servicing dataset.Read More
Correspondent Channel Gains Share in Agency Market February 13, 2024 Andras Malatinszky The correspondent channel accounted for 37.0% of agency deliveries in the fourth quarter, up from a 34.6% share the previous quarter.Read More
Ginnie MBS Issuance Flat in January February 8, 2024 Brandon Ivey Refis accounted for 15.0% of Ginnie issuance in January compared with a 14.7% share the previous month.Read More
FHA, VA Considering Bi-Merge Credit Score Process February 6, 2024 Monica Hogan Leaders at FHA and VA haven't ruled out following the Federal Housing Finance Agency in a shift from a tri-merge score process to a bi-merge process.Read More
FHA Share of MI Coverage Increases in 2023 February 1, 2024 Namrata Bhatia FHA’s share of the primary mortgage insurance purchase business grew from 25.7% in 2022 to 32.1%.Read More
Ginnie Outstandings Rise in 4Q, FHA Delinquencies Jump January 22, 2024 Brandon Ivey The last time FHA delinquencies were this high came during the COVID crisis...Read More