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Home » Topics » IMFnews » Government-Insured Lending

Government-Insured Lending
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A New Milestone: Nonbanks Now Service More Than Half of Agency Product

July 16, 2020
John Bancroft

The writing was on the wall: nonbanks took over the Ginnie market back in 2016...


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FHA Rulemaking Focuses on Reducing Costs, Modernization

July 15, 2020
Maria Volkova

In order to lower servicing costs, FHA proposed limiting required mortgagee curtailment of interest to the length of the mortgagee’s delay...


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Another New Record for Ginnie MBS Issuance

July 14, 2020
John Bancroft

The venerable agency MBS platform set production records in both the third and fourth quarters of 2019, caught its breath in early 2020, and then rose 12.7% to a new high in the April-June cycle.


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A Noticeable Drop in Ginnie Forbearance but ‘Buyouts’ Affect the Equation

July 13, 2020
Paul Muolo

The Fannie Mae/Freddie Mac measurement came in at 6.07%, down 11 bps, the fifth consecutive decline.


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Agency MBS Soars in the Second Quarter

July 7, 2020
John Bancroft

Record-low mortgage interest rates powered a surge in refinance activity in agency mortgage-backed securities platforms during the second quarter of 2020, according to a new Inside Mortgage Trends analysis.


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FHA Publishes Quality Control Waivers in Response to the Pandemic

July 1, 2020
Maria Volkova

Lenders must conduct desk reviews of appraisals based on FHA standards...


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HECM Lending Spiked in 1Q20 but Fell to Its Knees in April

July 1, 2020
Namrata Bhatia

n the first quarter, the top three HECM originators (American Advisors Group, Reverse Mortgage Funding and Finance of America Mortgage) accounted for $1.04 billion, or 26.8%, of total production…


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Correspondent FHA/VA Originators Lose Market Share in 1Q20

June 30, 2020
John Bancroft

The declines were fairly consistent across most of the major correspondent platforms.


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Ginnie Sets Restrictions Aimed at 'Strategic Buyouts' of Delinquent Mortgages

June 30, 2020
Brandon Ivey

Ginnie Mae said it is concerned that issuers could abuse buyouts and "undermine the integrity of the MBS program."


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Significant Number of FHA/VA Loans in Forbearance Still Paying

June 29, 2020
John Bancroft

Timing is everything. The majority of the loans, 63.0%, went into forbearance status in April and many of these borrowers may have already made their May payment.


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Latest Imf News

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