Short Takes: Purchase Mortgage Volume Constrained / Jobs Numbers Suggest Rate Hikes Over / CrossCountry Joins Freddie’s SPCP / New Reverse Mortgage Lender April 7, 2023 Brandon Ivey Relatively low interest rates don't help much if there aren't many homes for sale.Read More
FHA Proposes Some Relief for HECM Servicers April 5, 2023 Monica Hogan FHA is taking feedback through April 11 on a new draft mortgagee letter proposing policy changes to its home equity conversion mortgage program.Read More
Retail Channel’s Share of FHA/VA Lending Drops in 2022 March 30, 2023 Monica Hogan The retail channel's share of FHA/VA lending declined from nearly 50% in 2021 to 36.2% in 2022.Read More
Ginnie's McCargo: Issuers Weathering the Mortgage Storm. However... February 28, 2023 Brandon Ivey Issuers are largely meeting Ginnie's capital requirements, though liquidity remains a concern.Read More
HUD Faced Difficulties Facilitating Telework February 15, 2023 Monica Hogan HUD telework infrastructure was insufficient, at times, during the pandemic, according to findings by HUD’s Office of Inspector General.Read More
Short Takes: Applications Decline / FHA Considering Revisions to Rehab Program / CHLA Critical of ‘Duplicative’ Proposal from CFPB February 15, 2023 Brandon Ivey Rising interest rates take another bite out of loan applications.Read More
Gordon Hopes FHA MIP Cut Process Won’t Drag On Too Long December 12, 2022 Monica Hogan The FHA chief hopes it doesn't turn into a "Waiting for Godot" type of situation...Read More
Delinquencies on Ginnie MBS Increase After Long Decline July 25, 2022 Monica Hogan Most of the increase in the Ginnie delinquency rate was on the FHA side.Read More
Gordon: FHA Faces Challenges with Potential MIP Cut July 14, 2022 Brandon Ivey Cutting premiums isn't as easy as one might think...Read More
FHA/VA Endorsements Down Nearly 20% in First Quarter May 31, 2022 Andras Malatinszky The decline in both lending programs was focused on refinances.Read More
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