Short Takes: Mortgage Performance Improves / New Cyberattack Reporting Requirements / Positive Outlook for Acra / GSE-Eligible IPLs in Non-Agency MBS May 24, 2024 Brandon Ivey The 30+ day delinquency rate stood at 3.09% at the end of April.Read More
Ginnie to Allow eNotes in Same Pool as Traditional Paper May 21, 2024 Dennis Hollier Ginnie will begin mixing eNotes and paper notes within the same pools.Read More
Short Takes: FHA Increases Allowable Fee for Assumptions / Ginnie Requires Plans From Large Nonbanks / New CRT From Fannie / FDIC Chair to Resign May 21, 2024 Brandon Ivey The allowable fee lenders/servicers can charge for assumptions of FHA mortgages is now $1,800.Read More
Purchase Mortgages Push Ginnie MBS Up in April May 16, 2024 Monica Hogan The flow of purchase mortgages in Ginnie Mae MBS increased 15.0% from March levels, while securitization of refinance loans dropped 9.2%.Read More
FHFA, FHA Set New Standards for Reconsideration of Value May 2, 2024 Brandon Ivey FHFA and FHA issued new standards for reconsiderations of value.Read More
FHA Loans Lead Boost in Ginnie Servicing May 1, 2024 Brandon Ivey Lakeview/Bayview Loan Servicing remained the largest Ginnie servicer and increased its market share in the first quarter.Read More
HUD Sanctions 88 FHA Lenders in FY2023 April 24, 2024 Monica Hogan The civil monetary penalties resulting from the administrative actions were roughly $26.4 million.Read More
HUD Sets New Flood-Related Requirements April 23, 2024 Brandon Ivey The Mortgage Bankers Association raised concerns about the new requirements.Read More
Loans With Primary MI Gain Share in First Quarter April 19, 2024 John Bancroft The share of mortgages with primary MI increased by 2.1% in the first quarter, based on agency MBS issuance.Read More
Ginnie Issuance Slows in First Quarter April 17, 2024 Monica Hogan Refi volume delivered to Ginnie spiked in the first quarter while purchase-mortgage activity declined.Read More
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