Signs of life in the Ginnie Mae servicing arena? Maybe.

Black Knight tracks daily performance data on over 23 million mortgages covering more than 60% of the market. MBA’s survey encompasses 38 million loans from roughly 50 servicers.

Ginnie buyouts of delinquent mortgages are a common practice – but it takes readily available cash, or a line  of credit...

Eight of the top 10 Ginnie servicers as of the end of September had smaller portfolios than at the midway point in the year.

The FHA share of the insured agency market fell to 22.7%, down from 23.5% in the second quarter and 28.8% a year ago.

On Friday, Black Knight Financial released its forbearance tally, saying cases declined by 11,000 units for the seven-day period, ending October 20. Roughly, three million mortgagors remain in active COVID-related relief programs, the analytics firm noted.

In settling with the FHA charges with government, Guild did not admit liability...

Between July and September, the bureau entered into consent orders with eight VA lenders over deceptive marketing practices. Overall, the CFPB assessed $2.8 million in civil penalties but provided no restitution to harmed consumers.

The bank increased originations of conventional loans and jumbos while reducing its government-insured production.

Problems still persist in informing borrowers of the duration of the initial forbearance period...