Potential Cut to FHA Premiums a Top Priority for HUD May 18, 2022 Brandon Ivey HUD's Julienne Joseph: "We are dotting I's and crossing T's because we want ensure that whatever we do, that it would be impactful"...Read More
Purchase Mortgages Prop Up Ginnie Issuance in April May 17, 2022 Monica Hogan In April, the top three GNMA issuers were PennyMac Financial, Freedom Mortgage and Rocket Mortgage...Read More
Purchase Lending Bolsters Primary MI Volume in 1Q22 May 12, 2022 John Bancroft Refi volume for private MIs plunged 33.9% on a quarterly basis to just $6.66 billion, or just 4.9% of NIW written.Read More
Senate Confirms Gordon to Lead FHA. About That Premium Cut... May 12, 2022 Monica Hogan Now that Gordon has been plated, the lobbying for a premium cut begins...Read More
MSRs Come Into Focus at Ginnie as Capital Rule Looms May 9, 2022 Paul Muolo The good news: MSR values are enjoying a renaissance, courtesy of rising interest rates.Read More
Ginnie Seeks Common Ground with FHFA on Capital Requirements May 4, 2022 Monica Hogan The Ginnie chief said alignment "simplifies" issuers’ capital and liquidity planning...Read More
Ginnie Delinquencies Decline in 1Q22 May 3, 2022 Monica Hogan Late payments on FHA loans narrowed by 78 basis points from the fourth quarter of 2021...Read More
The FHA Lender Penalty Tally for FY21: A Mere $11 Million May 2, 2022 The take-away compared to years past: FHA lenders appear to be behaving themselves...Read More
Buyouts from Ginnie MBS Revert Back to Pre-Pandemic Levels April 29, 2022 Brandon Ivey Another factor: the drop in repurchases appears to be driven by improvements in delinquency rates.Read More
Private Mortgage Insurers Gain Share in Crumbling Agency Market April 21, 2022 John Bancroft The FHA saw a steep 21.1% decline in volume, while the VA posted an 18.4% decline from the fourth quarter...Read More
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