Onity is selling reverse-mortgage MSRs to Finance of America Reverse and ending production of the loans.

Some 4.3% of FHA loans and 7.5% of VA loans are underwater, according to Intercontinental Exchange’s November mortgage report.

Homebuilders and lenders balked at the standards.

At top-ranked United Wholesale Mortgage, GSE deliveries with private MI were down 9.5% from the second quarter.

Servicer removals tied to FHA delinquencies and foreclosures increased 31.0% from the second quarter.

An affiliate of Invictus Capital Partners is set to issue a $707.4 million expanded-credit mortgage-backed security.

FHA Commissioner nominee Frank Cassidy and Ginnie Mae President nominee Joseph Gormley testified before a Senate committee Thursday.

The total delinquency rate on FHA loans in Ginnie MBS hit 10.90% at the end of September, up 51 bps from the end of June.

Total outstanding balance of single-family mortgages in Ginnie Mae mortgage-backed securities increased by 2.2% from the end of June to $2.65 trillion as of the end of September.

Loans without mortgage insurance gained some share in the agency MBS market during the third quarter.