Congress Divided on HUD Funding for FY 2024 August 1, 2023 Monica Hogan The House is seeking lower funding levels for HUD and a September deadline is fast approaching.Read More
FHA and VA Delinquencies Rise in Second Quarter July 31, 2023 Monica Hogan The uptick was more pronounced for FHA mortgages.Read More
Agency Delinquencies Increase in Second Quarter July 27, 2023 Brandon Ivey The total delinquency rate on agency MBS hit 2.60% at the end of June.Read More
Ginnie Issuance Increases in 2Q, FHA and VA Up July 20, 2023 Monica Hogan Ginnie issuance increased by 33.7% on a quarterly basis in the second quarter.Read More
House Republicans Push Lower Funding Levels for HUD July 18, 2023 Monica Hogan The budget proposal would eliminate several HUD programs and makes deep cuts to others.Read More
Agency MBS Issuance Increases After Nine Quarterly Declines July 14, 2023 John Bancroft The GSEs outpaced Ginnie in terms of growth in MBS issuance in the second quarter.Read More
Correspondent Channel Share Grows in FHA/VA Market July 7, 2023 Monica Hogan The correspondent channel captured 49.1% of originations in the first quarter, up from a 47.3% share in the previous quarter.Read More
FHA Urged to Adjust Loss-Mitigation Proposal July 6, 2023 Monica Hogan The existing partial claim option isn’t effective because interest rates are so much higher now than when most FHA borrowers signed their present mortgage, analysts at the Urban Institute noted.Read More
FHA Loans Drive Up Ginnie Issuance in May June 21, 2023 Monica Hogan Ginnie Mae MBS issuance increased by 3.3% on a monthly basis in May.Read More
Nonbank Ginnie Issuers Making Progress on Capital Requirements June 2, 2023 Monica Hogan Ginnie President Alanna McCargo is confident nonbanks will be able to meet pending capital requirements.Read More