Retail Channel’s Share of FHA/VA Lending Drops in 2022 March 30, 2023 Monica Hogan The retail channel's share of FHA/VA lending declined from nearly 50% in 2021 to 36.2% in 2022.Read More
On Ginnie’s Wish List: Getting More Banks Involved March 29, 2023 Monica Hogan McCargo also suggested the FHLBs could help bring more stability to the Ginnie system...Read More
The HUD Mortgagee Review Board Tally: 65 Shops Sanctioned March 28, 2023 Monica Hogan The largest fine, for $16 million, was levied on Dwight Capital for supposedly charging loan fees in excess of 5%...Read More
HECM Lending Has Its Best Showing Since 2009 March 27, 2023 Monica Hogan The top three HECM lenders in 2022: American Advisors, Mutual of Omaha Mortgage and Finance of America...Read More
Another Downturn in Ginnie Issuance March 14, 2023 Monica Hogan Among the top 10 Ginnie issuers for the month, just one was a federally insured depository: U.S. Bank...Read More
FHA, VA Endorsements Hit Four-Year Low February 28, 2023 Andras Malatinszky The top three FHA lenders in 2022: Rocket, UWM and loanDepot, with Fairway not too far behind...Read More
HUD Seeks Feedback on Loan Rehab Program February 28, 2023 Monica Hogan The standard 203(k) mortgage covers projects with a minimum repair cost of $5,000...Read More
It’s Official: FHA Rolls Out a 30-Basis-Point MIP Cut February 22, 2023 Monica Hogan The mortgage and housing industry for some time have been anticipating an MIP cut...Read More
HUD Faced Difficulties Facilitating Telework February 15, 2023 Monica Hogan HUD telework infrastructure was insufficient, at times, during the pandemic, according to findings by HUD’s Office of Inspector General.Read More
FHA, VA Urged to Adopt Automated Valuation Models February 13, 2023 Monica Hogan FHA, VA and Ginnie Mae should use automated valuation models to improve appraisals, according to recommendations published by the Urban Institute.Read More
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