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Home » Topics » IMFnews » Government-Insured Lending

Government-Insured Lending
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HUD Secretary Carson Grilled by the HFSC

May 22, 2019
George Brooks

Asked to explain about debenture interest curtailment penalties and why servicing FHA nonperforming loans is more expensive than those of the GSEs, Carson replied: “I have not had that discussion. I will look it up.”


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Short Takes: Profiting from GSE Reform / REO v. OREO / Hey, Did You Know What the Hippocampus Is, Wise Guy? / FHA Recovery Rates Can Vary / Chimera Preps New MBS Deal

May 22, 2019
Paul Muolo

In some reporting circles, OREO stands for "other" real estate-owned...


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Worried About Credit Risk? Stick to Retail

May 22, 2019
John Bancroft

In the first quarter of 2019, the average credit score for retail production was 725.97, 7.3 points higher than the average for correspondent production...


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A Government Agency Hooked on Using Private Contractors: Ginnie Mae

May 21, 2019
George Brooks

GAO: Ginnie Mae does not fully understand the relative costs of its reliance on contractors...


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Ginnie Mae Bares Findings of Liquidity Meetings with Top Issuers

May 20, 2019
George Brooks
Liquidity doesn't appear to be an issue among the top nonbank issuers of Ginnie Mae MBS, according to a new report from the agency.
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Short Takes: HUD on Regulatory Reform / Shrinking Not on the Table / AGNC Investment / MSR on Bid / Foreclosure Activity Down

May 17, 2019
Yemeng Yang
Trade Groups talk with HUD and Ginnie on Regulatory Reform...
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Things of Worry for Ginnie Mae Investors: Fast Prepays, Investigations

May 17, 2019
Paul Muolo

Ginnie MBS payments are covered by Uncle Sam but investors still have plenty to worry about...


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Jumbo Lending Stands Out in 1Q19 Production Slump

May 16, 2019
John Bancroft

Conventional-conforming loans still accounted for over half of total first-lien originations in 1Q19 but volume was down 9.0% sequentially...


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FHA Originations Take it on the Chin; Nonbanks Continue to Dominate

May 14, 2019
George Brooks
Over the past three years, FHA's best quarter came in 3Q16 when lenders produced $72.3 billion of forward loans...
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Flagstar Faces Financial Exposure on Failure of Reverse Lender

May 13, 2019
Dennis Hollier

Reverse lender Live Well Financial of Virginia closed its doors last week, laying off roughly 100 full-timers...


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