Nonbanks continued to broaden their footprint in the Ginnie market even though top players like Quicken, United Shore, Mr. Cooper and AmeriHome recorded declining sales in the third quarter. (Includes four data charts.)

Public ownership isn’t for everyone. Just ask FHA-direct giant Freedom Mortgage of Mt. Laurel, NJ.

Thanks to high forbearance readings and escalating delinquencies, Wells Fargo is once again playing the Ginnie buyout game. It’s not alone.

Nearly two-thirds of borrowers who exited forbearance remain current on their payments and have been able to resume pre-pandemic monthly payments, according to the MBA.

Senate Democrats have accused the CFPB of departing from well-established procedure and legal standards of restitution in recent enforcement actions against lenders over false advertising to veterans.

In recent months, three private mortgage insurers have completed insurance-linked note transactions, totaling over $1 billion.

According to HUD’s internal watchdog, Benjamin Carson Jr.’s emails and business records show that he did not secure a direct financial benefit in his involvement with a HUD listening tour.

Most servicers have updated relief-related information on their websites since HUD OIG’s April report. However, problems still persist.

JPMorgan Chase, Citi and Bank of America have committed funds to spur economic opportunities in underserved communities.

Hurricane damage in Texas and Louisiana; new submission method for FHA reacquisition claims; FHA temporarily waives “interior” photographs for properties in presidentially declared major disaster areas.