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Home » Authors » Namrata Bhatia

Articles by Namrata Bhatia

A Strange Affair: HUD, DOGE and $1.9B of ‘Misplaced’ Funds

February 25, 2025
Namrata Bhatia and Paul Muolo
Carrington, a Ginnie contractor that handles defaulted servicing for the agency, was listed as the recipient of some of these funds.
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With Turner as Chief, It’s No Longer Business as Usual at HUD

February 21, 2025
Namrata Bhatia
The FHA wasn’t spared from the Trump administration’s workforce reduction plan. Some industry observers fear the layoffs will slow underwriting times and delay closings.
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Loan Removals From Ginnie MBS Sharply Up in 2024

February 21, 2025
Namrata Bhatia
Some $202.78 billion of loans were removed from Ginnie Mae MBS last year, with about 88% of them representing borrower payoffs. (Includes two data tables.)
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Attorneys Call on Servicers to Study Final Defect Taxonomy

February 21, 2025
Namrata Bhatia
Attorneys at the Bradley law firm suggested lender/servicers update their policies and procedures, such as internal audit and quality control, to preempt potential origination or servicing defects.
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Eleventh Circuit Affirms Ruling in Favor of Navy Federal

February 21, 2025
Namrata Bhatia
A borrower sued Navy Federal Credit Union for denying his mortgage refinancing application on the grounds that he had poor credit performance with the credit union.
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Chase Prevails in Foreclosure Challenge Tied to FHA Loan

February 21, 2025
Namrata Bhatia
Ohio appellate court rules in a case stemming from an FHA mortgage Chase had acquired from USA Home Loan in 2008.
Read More

FHA-to-FHA Refinancing May Spur Overpayment

February 21, 2025
Namrata Bhatia
Higher lender fees for originating FHA loans results in fewer loans being refinanced to conventional mortgages, according to a new research paper.
Read More

Around the Industry

February 21, 2025
Namrata Bhatia
HUD cancels $4 million in DEI contracts; HUD DOGE task force recovers $1.9 billion of “misplaced” funds.
Read More

Grapevine: CMBS With GSA Leases; Non-Agency MBS Deals

February 20, 2025
Namrata Bhatia
The Washington, DC, metro area has the most GSA-leased space by metropolitan statistical area, totaling 6.2 million square feet.
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Grapevine: Trump Expands Control Over Independent Agencies

February 20, 2025
Namrata Bhatia
A new executive order gives White House control of independent agencies; the CFPB is calling on the public to snitch on staff violating stop work order.
Read More
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