Down Sharply: Ginnie Mae Buyout Activity September 7, 2022 Monica Hogan The top three Ginnie Mae servicers ranked by loan removals: Freedom Mortgage, Lakeview, PennyMac Financial Services...Read More
A Bright Spot Appears: The HECM Niche September 6, 2022 Refinances accounted for more than half the volume...Read More
FHA Addresses Student Loan Debt Relief as It Applies to Mortgages September 6, 2022 If the credit report doesn’t show a current monthly payment of more than zero, more information might be needed...Read More
CSBS to Update Model Standards for Nonbanks August 30, 2022 Sam Manas The process will take several months, and will require a vote by CSBS commissioners...Read More
Smaller MBs Affected the Most by Servicer Eligibility Rules August 25, 2022 Dennis Hollier One analyst believes the rule change has already contributed to further widening of spreads for Ginnie securities over Treasuries.Read More
FHA/VA Originations Smacked Around in 2Q22 August 23, 2022 Monica Hogan VA activity was hit the hardest, with lending volume off 14.7% sequentially in 2Q22...Read More
Ginnie Mae Eyes Expansion of FHA-HFA Risk-Share Program August 19, 2022 Monica Hogan Originally launched in 2014, the FFB Risk Share Initiative was created to reduce the cost to finance FHA multifamily loans...Read More
Ginnie and FHFA Release Mostly Simpatico Eligibility Requirements for Servicer/Issuers August 17, 2022 Paul Muolo and Dennis Hollier There are no stunning changes on the required capital minimums...Read More
On the Comeback Trail: Assumable Mortgages? August 17, 2022 Monica Hogan HUD: “In the current rate environment, the assumability feature of FHA-insured mortgages is receiving greater attention.”Read More
It's Official: Ginnie Loosens Capital Standards for Credit Unions August 15, 2022 Monica Hogan Meanwhile, a senior Ginnie official said the agency will have more to say about capital requirements for nonbanks in the very near future...Read More
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