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Agency Servicing Volume Tops $9.0 Trillion in Third Quarter

December 15, 2023
John Bancroft
Ginnie continued to set the pace as its single-family servicing grew by 2.4% in the third quarter.
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USMI Leader Calls for Coordination on Housing Policy

December 7, 2023
Monica Hogan
Policymakers need better coordination between FHA and GSE policies, according to Seth Appleton, president of U.S. Mortgage Insurers.
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Short Takes: CU Expands Mortgage Offerings / Green Home Loans / Lower Rates and Affordability

December 7, 2023
Brandon Ivey
Alliant Credit Union is now offering government-insured mortgage products.
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Broker Share Declines in FHA/VA Markets

December 6, 2023
Brandon Ivey
Among a group of large lenders, the broker share of the government-insured market declined to 20.4% in the third quarter, down from 21.2% in the second quarter.
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FHA to Improve Monitoring of Lenders, Servicers

December 5, 2023
Monica Hogan
An inspector general identified counterparty risk related to protecting FHA’s Mutual Mortgage Insurance Fund as one of HUD’s top management challenges for 2024.
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FHA Seeks Comments on Proposed Rehab Program Revisions

November 30, 2023
Monica Hogan
FHA plans to reduce barriers to the 203(k)-rehabilitation loan program.
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Ginnie MSR Sales Increase in Third Quarter

November 22, 2023
John Bancroft
Lakeview Loan Servicing has been the most active bulk buyer of Ginnie MSRs, with $87.67 billion in acquisitions since the first quarter of 2022.
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Nonbanks at Ginnie a Top Challenge for HUD

November 21, 2023
Monica Hogan
HUD's IG questioned whether Ginnie could relocate a troubled MBS portfolio from one issuer to another if the first is facing financial or operational challenges.
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FHA Seeks More Feedback on Loss-Mit Offering

November 17, 2023
Monica Hogan
FHA is seeking additional comments on its planned Payment Supplement Partial Claim program.
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Trade Groups Renew Calls for Relief for FHA Borrowers

November 16, 2023
Monica Hogan
Seeing plenty of room in FHA's capital ratio, lender trade groups are calling for an end to FHA's requirement of MI for the life of the mortgage.
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