Fannie Mae, Freddie Mac and Ginnie Mae issued a combined $272.04 billion of single-family mortgage-backed securities in the second quarter.

The 203(k) program provides financing for rehabilitation of single-family homes.

Issuance of Ginnie Mae mortgage-backed securities rose 19.2% in the second quarter.

The initiative serves as a last resort for the servicer...

Prepayment rates are expected to be higher than in previous refinance cycles because lenders have bumped up spending on technology to improve recapture rates and loan originators are eagerly anticipating increasing their volume.

John Bell, executive director of the VA Home Loan Guaranty Service, said the agency doesn’t support the partial claims bill without amendments.

HECM lending hasn't been this low since before the COVID-19 pandemic...

The Federal Reserve reported $445.78 billion of non-agency MBS outstanding at the end of March, up 2.6% from December.

Lenders delivered $27.21 billion of purchase loans into Ginnie MBS in May, up 7.5% from the prior month.

The termination only applies to activity in the Des Moines, IA, HUD field office.