The IPO of nonprime lender Velocity Financial could price later this week or next…

Including securities backed by FHA home-equity conversion mortgages, total Ginnie single-family MBS issuance hit $508.62 billion, also a record.

Meanwhile, when it comes to the top seller/issuers, Quicken Loans was not too far behind market leader Wells Fargo: $126.9 billion to the megabank’s $132.4 billion…

The measure comes at a time of sinking fortunes for reverse mortgage originators: HECM production totaled $8.4 billion through the first nine months of 2019, a steep 27.8% drop from the comparable period a year earlier...

This is FAR’s fourth HECM reverse mortgage deal and the first backed by active HECMs.

Some of the provisions in Ginnie's proposed Digital Collateral Guide have the potential to create unnecessary strains on issuers, according to the MBA.

Both the FHA and VA sectors saw declining securitization volume, but the VA took the bigger hit, a 12.1% drop from October.

Quicken Loans, United Wholesale Mortgage and Fairway Independent Mortgage, ranked first, second and third, respectively among FHA producers…

While production at the two government-sponsored enterprises rose a combined 6.7% for the month, hitting $117.55 billion, Ginnie issuance was off 7.3% from October.

Alaska, Hawaii, Guam and the U.S. Virgin Islands have a higher ceiling due to above-normal construction costs. In 2020, their ceiling will be at $1.148 million...