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Short Takes: Altisource Shifts From Mortgages to EV Tech / Applications Down Slightly / Farmer Mac Sees Strong Demand / HUD’s Vacant Lot Sale

April 3, 2024
Brandon Ivey
Altisource Asset Management is working on a control system that increases the efficiency of electric vehicles.
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CHLA Brings Employment-Verification Costs to Regulators

March 22, 2024
Brandon Ivey
CHLA asked FHFA and FHA to scrutinize employment-verification prices charged by Equifax.
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Ginnie MBS Issuance Up Nearly 10% in February

March 20, 2024
Brandon Ivey
The increase was driven by refinances, particularly VA refis.
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Short Takes: Forbearance Steady / ICE Facilitates Reconsiderations of Value / New Loan Limits for Manufactured Housing / Figure’s Lender Breaks From Figure’s Tech Company

March 19, 2024
Brandon Ivey
Some 0.22% of mortgage borrowers were in forbearance as of the end of February.
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Gordon Asks NAHREP Members to Highlight FHA Program

March 13, 2024
Monica Hogan
FHA Commissioner Julia Gordon said FHA loans don’t take longer to close than other loans.
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Short Takes: Todman to Fill In at HUD / Appraisal Requirements in Maui / Equity Prime Leader Pledges $1 Million to MBA Opens Doors / Reprieve From Delisting for Better

March 12, 2024
Brandon Ivey
Adrianne Todman will serve as HUD’s acting secretary following the departure of Marcia Fudge.
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Short Takes: Appropriations Bill Includes a Boost for Ginnie / MBA Hopes SEC Rule Is the Ceiling / Another Loss for FoA / Freddie Selling NPLs

March 7, 2024
Brandon Ivey
The appropriations bill includes $54 million in funding for Ginnie for fiscal year 2024 compared with $40 million in funding for FY 2023.
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FHA, VA Lending Declines in Fourth Quarter

March 5, 2024
Monica Hogan
Combined, FHA and VA lending declined by 17.7% in the fourth quarter.
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Short Takes: New Cybersecurity Reporting Requirement / Biden Pressed on Affordable Housing / Non-QM Delinquencies Not Leading to Many Losses / New CRT From Fannie

March 5, 2024
Brandon Ivey
Effective immediately, Ginnie issuers must notify the agency of any cybersecurity incident within 48 hours after the issue is detected.
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Short Takes: ‘Flirting With’ 7.0% / Pending Home Sales Decline / Jumbo MBS From Redwood / Congress Keeps Government Open for Another Week

March 1, 2024
Brandon Ivey
“The recent boomerang in rates has dampened already tentative homebuyer momentum as we approach the spring, a historically busy season for homebuying,” said Sam Khater, chief economist at Freddie Mac.
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Latest Imf News

  • Correspondent Channel Gains Share in FHA/VA Lending

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Featured Data

  • Ginnie MBS Issuance Sees Seasonal Plunge in February

  • Non-Agency Jumbo Lending Flourished in 2025

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  • Plenty of Investors Ready to Cover Fed’s MBS Retreat

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