Nation’s Largest HECM Lender AAG Signs CFPB Consent Order October 11, 2021 Paul Muolo AAG was the largest home equity conversion mortgage lender in the first-half of 2021, with $2.59 billion of production.Read More
Industry Hoping Ginnie Capital Proposal Is Softened Or... October 8, 2021 Paul Muolo One person opposed to the idea is Scott Olson, executive director of the Community Home Lenders Association, a trade group that was among the first to ask Ginnie to withdraw the RFI...Read More
A Safe Bet: FHA Will Cut Premiums in Early 2022? September 30, 2021 Monica Hogan Former FHA Commissioner Dave Stevens also expects the November MMIF report to be “relatively" good news...Read More
GAO Deems FHA Catalyst Oversight Unreliable September 30, 2021 Monica Hogan The government watchdog said gaps exist in HUD’s established processes to oversee the IT initiative.Read More
HECMs Continue to Gain September 29, 2021 Monica Hogan While most top-ranked lenders saw aggressive growth in home-equity conversion mortgages during 2Q21, others experienced a slowdown...Read More
$6B of Ginnie MSRs Up for Grabs, An EBO Angle As Well September 28, 2021 Paul Muolo Loan-level data is available to bidders who sign a non-disclosure agreement...Read More
More COVID Tools: FHA Seeks Feedback on 40-Year Loan Modification September 28, 2021 Monica Hogan Fannie Mae and Freddie Mac already offer 40-year loan modification terms.Read More
Retail (FHA/VA) Holds Up Slightly Better in 2Q21 Slump September 27, 2021 John Bancroft Freedom Mortgage was the top retail government lender in the first half of 2021...Read More
Details Out on Home Point’s $15 Billion MSR Auction September 17, 2021 Paul Muolo Home Point, which went public earlier this year, has been the subject of recent downgrades...Read More
Ginnie MBS Issuance Down in Most Categories in August September 14, 2021 John Bancroft Production was down for both purchase and refinance loans.Read More
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