Banco Popular Stocking FHA Production in Portfolio February 8, 2024 Monica Hogan The vast majority of FHA originations end up in Ginnie Mae mortgage-backed securities.Read More
FHA, VA Considering Bi-Merge Credit Score Process February 6, 2024 Monica Hogan Leaders at FHA and VA haven't ruled out following the Federal Housing Finance Agency in a shift from a tri-merge score process to a bi-merge process.Read More
FHA/VA Lenders Prep for More Volume January 18, 2024 Monica Hogan Home sellers are now more willing to consider bids tied to FHA and VA mortgages.Read More
Short Takes: Rate Locks Decline / List of Assumable Mortgages / Mortgage Matchup / Few Home Sales in CA January 18, 2024 Brandon Ivey Rate locks declined by 14% on a monthly basis in December, driven by fewer locks for purchase mortgages.Read More
Short Takes: Ginnie Considers New HECM MBS Product / Agreement in Congress on LIHTC / First American to Take a Hit / New Leader at NAAHL January 16, 2024 Brandon Ivey The new Ginnie product would relieve pressure for reverse mortgage lenders.Read More
HUD Seeks More Funding to Address Housing Supply January 12, 2024 Monica Hogan Marcia Fudge, secretary of the Department of Housing and Urban Development, appeared Thursday before the House Financial Services Committee.Read More
HECM Activity Ends Slide in Third Quarter January 11, 2024 Namrata Bhatia HECM endorsements increased in the third quarter after four consecutive quarterly declines.Read More
Ginnie Issuance Volume Declines in Fourth Quarter January 9, 2024 Brandon Ivey Issuance declined by 16.7% on a quarterly basis in the fourth quarter, with the VA losing market share.Read More
Ginnie Grapples With RMF’s Reverse Mortgage Portfolio January 5, 2024 Paul Muolo It stands to reason that Ginnie would want to sell the HECMs it seized from Reverse Mortgage Funding.Read More
Ginnie MBS Issuance Slows in November December 21, 2023 Monica Hogan Both FHA and VA issuance volume declined in November, with VA activity posting the larger fall.Read More