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Accelerate, Others Snagged in CFPB's VA Dragnet

September 4, 2020
Maria Volkova

Over the past few months, the CFPB has levied formal charges against seven mortgage firms for false advertising tied to VA loans. A trend? Looks that way.


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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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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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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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Where Have All the Ginnie Mae Applicants Gone?

August 7, 2020
Paul Muolo
Thanks to strong cash prices paid by FHA/VA aggregators, fewer mortgage firms are seeking their Ginnie “eagles.”
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Dana Wade Confirmed as FHA Commissioner

August 7, 2020
Maria Volkova
In a 57-to-40 vote, the Senate confirmed Trump nominee Dana Wade as FHA commissioner. She replaces Brian Montgomery.
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Ginnie Mae Loans in Pandemic-Related Forbearance Increase

August 7, 2020
Maria Volkova
At the end of June, 14.07% of FHA loans in Ginnie Mae pools were delinquent, nearly double from 7.57% in March.
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