Loan modifications played a big part in keeping the FHA program the top provider of Ginnie loans.

While FoA is originating many more traditional mortgages than reverse mortgages, much of the lender's profits are coming from reverses...

The government-insured market was under more pressure...

In August, Ginnie sought comments on the capital standards. While some of the changes would apply to all servicers, others would apply specifically to nonbanks, the dominant players in the agency’s MBS program.

Individual DPA grants could reach 10% of a home’s purchase price or $20,000, whichever is greater.

If the MMIF makes it through forbearance exits without major losses, FHA could cut premiums in the first or second quarter of 2022. Or so the industry hopes...

Freedom remained the top Ginnie servicer with $272.22 billion of MSRs on its books at the end of 3Q21...

However, removals for loan modification or foreclosure processing edged up 2.2% to $11.14 billion in the third quarter.

Fannie, Freddie and Ginnie securitized $345.72 billion of loans with some form of primary MI during the third quarter, an 8.3% drop from the previous period.

Mods accounted for 16.2% of FHA loans in 3Q21 Ginnie MBS...