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Around the Industry

July 19, 2019
George Brooks

GAO Finds FHA’s Property Conveyance Process Flawed

July 19, 2019
George Brooks
Despite FHA’s efforts to improve processes, the GAO said it still takes unnecessarily long for servicers to transfer foreclosed properties.
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Around the Industry

July 3, 2019
George Brooks

Quicken's FHA Settlement a Major Victory and a 'Credit Positive'

July 3, 2019
George Brooks

Resolution of the Quicken-FHA lawsuit is credit positive for the lender as it removes uncertainty arising from prolonged litigation.


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HECM Lender RMS Slated to be Sold in Ditech Liquidation

June 21, 2019
Paul Muolo

A buyer has emerged for Ditech's reverse lending division. However, it's a "stalking horse" bid, subject to bankruptcy court approval.


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Tech Modernization Key Topic at Ginnie Summit

June 20, 2019
George Brooks
Ginnie, other agencies discuss efforts to modernize technology and business platforms to conform with the digitized, paperless mortgage market and deliver faster, efficient service.
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FHA/VA Business Takes a Turn Toward More Risk

May 24, 2019
John Bancroft
Average FHA and VA credit scores declined for both purchase and refi loans pooled into Ginnie Mae MBS in the first quarter. Wholesale-broker production gained a larger share of the market.
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FHA, VA Purchase Production Down in 1Q19

May 10, 2019
George Brooks

FHA’s and VA’s purchase originations fell during the first three months of 2019 despite lower interest rates. On the other hand, lower rates helped boost both programs’ refinance production during the quarter. 


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FHA Plans to Make Loan-Sale Program Permanent

May 10, 2019
George Brooks

FHA is seeking public comment on a proposed rulemaking as it looks to make permanent its long-running single-family loan sale program.


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FHA to Pursue Lenders for Improperly Paid Claims

April 26, 2019
George Brooks

An audit by the HUD IG found that FHA improperly paid partial claims but failed to ensure lenders reinstated the delinquent loans.


Read More
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