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Home » Topics » IMFnews » Government-Insured Lending

Government-Insured Lending
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Losing Market Share Once Again: The FHA Program

October 29, 2020
John Bancroft

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.


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Forbearance Reading Declines but Trouble Remains for Ginnie, PLS

October 26, 2020
Paul Muolo

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.


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DOJ Unveils Guild FHA Legal Settlement

October 23, 2020

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


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Dems Raise Questions About Lack of Restitution in VA Mortgage Settlements

October 21, 2020
Maria Volkova

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.


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Flagstar Boosts Originations by 18% in Third Quarter

October 21, 2020
Brandon Ivey

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


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HUD IG: COVID-Related Forbearance Information Continues to Fall Short

October 20, 2020
Maria Volkova

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


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As CARES Act Protections Expire, Forbearance Readings Head South

October 19, 2020
Paul Muolo

Commenting on the stubbornly high Ginnie measurement, MBA's Fratantoni noted it shows that recovery is not uniform “and that many are still struggling to gain their footing.”


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Final 3Q20 Tally: Ginnie Market Surges, FHA Not So Much

October 19, 2020
John Bancroft

It was the highest three-month production reading in the program’s history, continuing a run in which the past five quarters represented the five highest Ginnie totals ever.


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A Surprising Drop in Ginnie Mae Servicing

October 15, 2020
John Bancroft

While the supply of VA loans in Ginnie MBS continued to grow during the third quarter, the volume of securitized FHA forward mortgages fell 2.7% from the end of June.


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Ginnie MBS Buyouts Slow in August

October 14, 2020
John Bancroft

Most loans are removed from Ginnie pools because the borrower paid off the loan. Then there's the matter of EBOs...


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