Bray noted that Ginnie’s memorandum, which established a new pool type for re-performing loans, “puts significant restrictions" on issuers, increasing both the risk and the cost...

When it comes to forbearance, Black Knight noted widespread improvement “with all investor classes seeing significant declines" in active cases...

Old-fashioned rate-term transactions still accounted for most of the VA refi market, at 89.1% in the first quarter...

Some $81.01 billion of non-mortgage ABS came to market in the first quarter, a hefty 85.8% gain from the previous period.

The two government-sponsored enterprises saw a steeper 20.4% drop in purchase-loan volume, while the government-insured market fell 16.9%...

The culprit: a downturn in purchase-mortgage activity...

When it comes to Ginnie EBOs, sales are done both servicing-retained and servicing-released.

In 2020, American Advisors Group was the top reverse mortgage originator in the U.S., with $4.09 billion...

Fun fact: Ginnie Mae regularly captures 95% or more of new FHA and VA loan production...

HUD's Fudge: "We continue to monitor mortgage performance trends within our portfolio, particularly related to those homeowners who are struggling financially because of the pandemic.”