The VA said Wednesday it is “strongly” encouraging mortgage servicers to extend their pause of foreclosures for VA-guaranteed home loans through the end of this year.

FHA's share of combined FHA/VA lending declined to 60.8% in the first quarter of 2024.

Government-insured production increased by 11.0% compared with the fourth quarter while total first-lien originations were up 3.2% during that time.

Ginnie will begin mixing eNotes and paper notes within the same pools.

Roughly 5,000 brokers attended UWM's event in Pontiac last week...

The flow of purchase mortgages in Ginnie Mae MBS increased 15.0% from March levels, while securitization of refinance loans dropped 9.2%.

The increase was driven by purchase mortgages, with volume up 11.3% on a monthly basis to $67.87 billion.

The steepest drop took place at Freddie, while Ginnie securitizations were relatively unscathed.

Total revenues fell to $74.6 million in the first quarter of 2024 from $275.7 million in 4Q23.

“We are very opportunistic in certain markets in which we like the vintage and the availability of credit,” Patterson said.