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

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

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. 

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

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

Following seasonal patterns, the number of FHA and VA loans in early stages of delinquency fell sharply from the fourth quarter of 2018 to early 2019. Nonbanks continued to expand their footprint, accounting for 62.2% of outstanding Ginnie single-family servicing.