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Home » Topics » Government-Insured Lending » FHA

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HUD Pushes Out Some Dates on Planned FHA Rulemaking

July 24, 2024
Monica Hogan
Some proposals that were planned for the spring or summer are now not expected until December.
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Short Takes: Another CES Securitization From Rocket / HUD Plans Changes to Loan Sale Program / FHFA Sets Protections for Renters / Outlook for Cornerstone Servicer Rating Turns Positive

July 15, 2024
Brandon Ivey
With the new securitization, Rocket's non-agency issuance of closed-end second liens will hit $2.19 billion for the year.
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FHA Revises Proposal on Servicing Defect Taxonomy

July 11, 2024
Brandon Ivey
The proposal includes six defect areas through the servicing life cycle and remedies for each defect area.
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FHA Expands 203(k) Rehabilitation Program

July 10, 2024
Brandon Ivey
The 203(k) program provides financing for rehabilitation of single-family homes.
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Purchase Mortgages Boost Ginnie Issuance in 2Q

July 9, 2024
Monica Hogan
Issuance of Ginnie Mae mortgage-backed securities rose 19.2% in the second quarter.
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Short Takes: Pending Home Sales Decline / PennyMac Adds MSR Financing / New Expanded-Credit MBS / Translations of FHA Servicing Documents

July 5, 2024
Brandon Ivey
Pending home sales in June declined on an annual basis at a rate not seen in four months.
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Ginnie Proposes New Pool Type to Help HECM Lenders

June 28, 2024
Monica Hogan
The proposal aims to address issues similar to those that led to the failure of Reverse Mortgage Funding.
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MSR Investors Expect ‘Feeding Frenzy’ During Refi Wave

June 28, 2024
Brandon Ivey
Prepayment rates are expected to be higher than in previous refinance cycles because lenders have bumped up spending on technology to improve recapture rates and loan originators are eagerly anticipating increasing their volume.
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CFPB Issues Permanent Ban to Reverse-Mortgage Servicers

June 20, 2024
Brandon Ivey
Sutherland and NOVAD formed a servicing operation in 2014 to service HECMs on behalf of HUD.
Read More

FHA Proposes Increase in TPO Liability

June 18, 2024
Monica Hogan
FHA is taking comments through June 24 on a draft mortgagee letter.
Read More
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