A Bullish Outlook for the Reverse Market... March 4, 2022 Monica Hogan Overall, FHA endorsed $23.80 billion of home-equity conversion mortgages last year, an annual increase of 34%...Read More
Ginnie Considering Changes to Support CDFIs February 25, 2022 Monica Hogan The new Ginnie Mae chief said the agency hasn’t yet determined what avenues would make sense but “specialized pools” could be a possibility...Read More
FHA/VA Lending Strong in 2021 But 4Q Suffered a Drop February 23, 2022 Monica Hogan The top three ranked VA lenders in 2021: Freedom Mortgage, Rocket and Veterans United Home Loans...Read More
Ginnie EBOs Start to Lose Their Luster? February 22, 2022 Paul Muolo Mr. Cooper CEO Jay Bray: “With forbearance programs winding down, the EBO opportunity is rapidly diminishing.”Read More
FHA Facing a Severe Talent Drain? February 11, 2022 Monica Hogan Dana Wade, a former FHA commissioner, said that like other employers, the federal government is experiencing issues from the Great Resignation, compounded by an aging workforce...Read More
Lenders Seek Clarity on FHA Loan Servicing Taxonomy February 9, 2022 Monica Hogan But the trades groups also believe implementation and development of new guidance should not be rushed.Read More
Ginnie Issuance Continues to Slide February 8, 2022 Monica Hogan Three of the top five government issuers in January managed to post gains...Read More
Ginnie Urges Diligence on COVID-Related Mods January 27, 2022 Monica Hogan The new steps eliminate the need for recordation and title insurance, with certain exceptions...Read More
Amherst Exec Scales Back Expectations for FHA Premium Cuts January 26, 2022 Monica Hogan The MMIF’s capital reserves emerged from fiscal 2021 in better shape than some might have expected given the pandemic, Abrahams said.Read More
As Ginnie MSRs Increase in Value, Outstandings Struggle to Grow January 25, 2022 Brandon Ivey The growth came from VA mortgages, with FHA servicing rights actually declining.Read More