Nonbank Ginnie Issuers Making Progress on Capital Requirements June 2, 2023 Monica Hogan Ginnie President Alanna McCargo is confident nonbanks will be able to meet pending capital requirements.Read More
FHA, VA Lending Slows Further in First Quarter May 24, 2023 Monica Hogan Both purchase-mortgage originations and refis declined at FHA and VA in the first quarter.Read More
Proposals to Help Nonbank Ginnie Servicers May 24, 2023 Paul Muolo The fear is that if delinquencies rise significantly, nonbanks will have a tough time making the required advances to investors in Ginnie MBS.Read More
Veterans United Leads FHA/VA Correspondent Sellers in 2022 May 10, 2023 Brandon Ivey While correspondent sales of FHA/VA loans declined in 2022, Veterans United increased its sales volume.Read More
Lakeview Increases Ginnie Servicing Lead in First Quarter April 27, 2023 Andras Malatinszky The amount of Ginnie servicing volume outstanding increased by 1.6% in the first quarter while Lakeview's portfolio grew by 3.4%.Read More
CHLA Asks for Full Funding for FHA, Ginnie April 27, 2023 Monica Hogan The Community Home Lenders of America wrote to the leaders of House and Senate housing appropriations committees.Read More
Mortgage Insurance Activity Declines in First Quarter April 25, 2023 John Bancroft Loans with MI represented 63.8% of total mortgage-backed securities issued by Fannie, Freddie and Ginnie in the first quarter.Read More
A Slight Increase in Share for Private MIs in First Quarter April 20, 2023 Namrata Bhatia The private MI share of purchase mortgages with primary mortgage insurance hit 48.4% in the first quarter of 2023.Read More
Ginnie MBS Issuance Shrinks More in 1Q23 April 11, 2023 Monica Hogan Issuance of single-family Ginnie Mae mortgage-backed securities saw significant declines in the first three months of 2023.Read More
Finance of America Closes on AAG Purchase, Reduces Cash Terms April 3, 2023 Paul Muolo AAG was the nation’s largest home equity conversion mortgage lender last year with $5.8 billion of production...Read More
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