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Home » Topics » IMFnews » Government-Insured Lending

Government-Insured Lending
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Mortgage Industry Could Get Swamped by FHA Defaults. Nonbank Liquidity a Concern

March 16, 2020
Paul Muolo

And since nonbanks account for eight of the 10 largest Ginnie Mae servicers, there’s a concern about their liquidity.


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HECM Production Took it on the Chin in 2019, Falling 18%

March 11, 2020
George Brooks

Reverse-mortgage lenders have been struggling since FHA tweaked a policy that reduced the amount borrowers can draw from their home equity.


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Ginnie MBS Issuance Hit a Seasonal Skid in February

March 10, 2020
John Bancroft

The top 10 Ginnie Mae issuers in February were all nonbanks, with PennyMac and Freedom Mortgage ranking first and second, respectively…


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Agency MBS Creation Slowed in February. However…

March 6, 2020
John Bancroft

The top two agency MBS issuers in February? Answer: Nonbanks Quicken Loans and PennyMac…


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A New Ginnie Mae President? Don’t Hold Your Breath

March 2, 2020
George Brooks

For nearly all of President Trump’s term, Ginnie Mae has been operating without a president, carrying on its daily business with surrogates.


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The Final Tally for FHA Lending in 2019: $242 Billion

February 27, 2020
George Brooks

Quicken Loans was the top ranked FHA producer for the year with $17.4 billion, followed by United Wholesale Mortgage ($13.1 billion) and Freedom Mortgage ($8.7 billion).


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Pop the Champagne: A Record Year for VA Originations

February 24, 2020
George Brooks

For the full year, production soared by 42.7% to $216.8 billion, also a record. The driver: Strong refinance volume driven by low interest rates.


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Trump Picks Wade as FHA Commissioner as Montgomery Waits for Senate Confirmation

February 21, 2020
George Brooks

Wade is no stranger to the Department of Housing and Urban Development...


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Policy Guidance Sufficient on FHA and FCA?

February 20, 2020
George Brooks

A top Justice Department official said the memorandum of understanding gives depository institutions the confidence they need to participate in the FHA program…


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Still Rising: Ginnie Mae MBS Issuance

February 11, 2020
John Bancroft

January's volume represented the second-highest monthly issuance of forward-mortgage Ginnie securities on record.


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