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Veterans United Boosts Its Correspondent Sales in 2023

May 10, 2024
Brandon Ivey
Correspondent sales of government-insured mortgages originated during 2023 declined somewhat on an annual basis, but Veterans United upped its sales by 7.3%. (Includes data table.)
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Ginnie MBS Issuance Off to A Slow Start in Early 2024

April 12, 2024
Monica Hogan
Total issuance of Ginnie Mae mortgage-backed securities declined slightly during the first quarter of this year. Still, volume was up sharply from the first three months of 2023. (Includes four data tables.)
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HECM Lending Continues to Slide in Fourth Quarter

March 29, 2024
Monica Hogan
For the full year, $14.78 billion in home equity conversion mortgages were originated in 2023, down 50.2% from 2022. (Includes three data tables.)
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RHS Guarantees $1.26B in SFH Loans in Fourth Quarter

February 16, 2024
Monica Hogan
Loans to communities ranked with a high social vulnerability index made up roughly 22% of Rural Housing Service-guaranteed single-family home loans in the fourth quarter of 2023. (Includes data table.)
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HECM Endorsements Increase in Third Quarter

January 5, 2024
Namrata Bhatia
Reverse mortgage lenders funded $3.95 billion in new home equity conversion mortgages in the third quarter, a 17.9% increase from the previous period. Year to date, though, HECM endorsements lagged.
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FHA/VA Sectors Gain Market Share in Third Quarter

December 15, 2023
Monica Hogan
Endorsements of FHA and VA insured loans increased by 9.2% in the third quarter while total first-lien originations declined. (Includes three data tables.)
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Ginnie Issuance Continues to Decline in November

December 15, 2023
Monica Hogan
Some $30.43 billion in Ginnie Mae mortgage-backed securities was issued last month. FHA volume held up better than VA activity. (Includes two data tables.)
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MMIF Healthy; Lenders Call for End to Life-of-Loan Policy

November 17, 2023
Monica Hogan
With a healthy reading on FHA’s Mutual Mortgage Insurance Fund, lender trade groups want further changes to FHA’s mortgage insurance premium policy. (Includes data table.)
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Brokers Boost Share in Government Originations

September 22, 2023
Monica Hogan
Government-insured mortgage originations grew across all three lending channels in the second quarter, with brokers gaining market share from the correspondent channel. (Includes data chart.)
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Some Variation in Ginnie Loan Removal Activity

August 25, 2023
Brandon Ivey
Loan removals from Ginnie MBS increased in the second quarter of 2023. Removals are largely tied to loan payoffs, though there are some variations among servicers. (Includes data chart.)
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