CFPB Analysis Cites Concerns With Reverse Mortgage Ads September 14, 2023 Monica Hogan The CFPB examined direct mail ads for reverse mortgages.Read More
Ginnie MBS Issuance Level in August September 13, 2023 Monica Hogan Some $36.47 billion of Ginnie MBS was issued in August, essentially level compared with July.Read More
Short Takes: Home Prices Expected to Level Off / FHA Ends Loan Rejection Reporting / HELOC MBS Holding Up September 8, 2023 Brandon Ivey Downward pressure on home prices from rates and upward pressure from demand and limited inventory will likely balance each other out.Read More
Energy Efficiency Proposal a Concern for Lenders, Homebuilders August 17, 2023 Monica Hogan The Departments of Agriculture and Housing and Urban Development recently issued a proposal for new energy standards for new construction.Read More
Ginnie Working to Accept Smaller Lenders August 16, 2023 Monica Hogan Many smaller lenders can’t access the Ginnie platform because its eligibility standards require issuers to have “huge volumes,” Ginnie President Alanna McCargo noted.Read More
Short Takes: Elevated Interest Rates for FHA / Loss for FoA / WAMC Goes with AGMIT August 9, 2023 Brandon Ivey Interest rates on FHA mortgages are at levels last seen in 2002.Read More
FHA and VA Delinquencies Rise in Second Quarter July 31, 2023 Monica Hogan The uptick was more pronounced for FHA mortgages.Read More
FHA’s Face-to-Face Servicing Requirement Could Be Dropped July 31, 2023 Monica Hogan HUD noted that over the years many lenders have moved away from a model of local origination and servicing offices to more centralized operations.Read More
Ginnie Issuance Increases in 2Q, FHA and VA Up July 20, 2023 Monica Hogan Ginnie issuance increased by 33.7% on a quarterly basis in the second quarter.Read More
HUD Proposes Tougher Standards for FHA Loan Investors July 18, 2023 Brandon Ivey HUD proposed applying certain requirements for approved FHA lenders/servicers to entities that invest in FHA mortgages.Read More