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HUD Issues Final Rule on Use of Disparate Impact

September 18, 2020
Maria Volkova
Industry attorneys aren’t quite certain how the government will interpret the use of disparate-impact theory in enforcing fair lending laws.
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Ginnie Mae Mortgages in Forbearance Decline, But …

September 18, 2020
Maria Volkova
The decrease stems solely from servicers buying delinquent loans out of Ginnie Mae MBS pools.
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(Very) Quiet Signs of Life in Ginnie Servicing Sales

September 4, 2020
Paul Muolo

Selling Ginnie Mae servicing rights has been a difficult task the past few months. Signs of life anywhere? It all depends on your definition of the word life.


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Ginnie Mae Loans In Forbearance Inch Back Up

September 4, 2020
Maria Volkova

The forbearance rate on FHA/VA loans totaled 11.5% as of Sept. 1, according to Black Knight. MBA's reading on the category is a bit lower.


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FHA, VA Extend Eviction and Foreclosure Moratorium

September 4, 2020
Maria Volkova

The foreclosure moratorium, in place since mid-March, directs servicers to halt all new actions and suspend cases in progress.


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FHA Catalyst Platform to Include Loan Review System

September 4, 2020
Maria Volkova

Beginning Sept. 14, the FHA Catalyst platform will allow lenders to submit binders for post-endorsement review.


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Ginnie Loans in Forbearance Drop, But Wait, There’s More

August 21, 2020
Maria Volkova
Servicers of Ginnie product are buying delinquent FHA and VA loans out of MBS pools and now the mortgages are showing up in a different forbearance category.
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Better Late Than Never: The Freedom-RoundPoint Deal Closes

August 21, 2020
Paul Muolo
FHA/VA lending giant Freedom Mortgage acquired servicer RoundPoint Mortgage of Charlotte, NC. Both firms are privately held.
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CHLA Calls for Lower Penalties on Servicers for Missed Deadlines

August 21, 2020
Maria Volkova
Servicers who fail to meet processing timeframes have to forfeit interest for the entire time it takes to resolve a loan in default.
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Industry Urges FHA to Ease Rules for Borrowers with Student Loans

August 21, 2020
Maria Volkova
The current method for calculating monthly student-loan payments results in artificially inflated debt-to-income ratios.
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