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Home » Authors » Maria Volkova

Articles by Maria Volkova

VA Allows Deferment as Loss-Mitigation Option

October 2, 2020
Maria Volkova
Deferment can only be used as a loss-mitigation option if a vet is able to resume making monthly payments as scheduled under the contract.
Read More

FHA Loans in Seriously Delinquent Category Increase

October 2, 2020
Maria Volkova
According to FHA Neighborhood Watch, serious delinquencies have increased from 10.4% to 11.2%.
Read More

OIG: HUD Failed to Provide Accurate Relief Information

October 2, 2020
Maria Volkova
An internal audit found HUD staff failed to provide servicers and borrowers with accurate information about pandemic-related relief.
Read More

DOJ Files Suit Against HECM Lender for Faulty Underwriting

October 2, 2020
Maria Volkova
Nutter Home Loans is accused of trying to bolster reverse mortgage originations by using unqualified underwriters.
Read More

GAO Finds HUD Data Protection Protocols Lacking

October 2, 2020
Maria Volkova
According to GAO, HUD is not able to fully identify what sensitive information is shared, stored and processed with external entities.
Read More

MBA Takes Credit for CFPB Crackdown on False VA Ads

October 1, 2020
Maria Volkova
The Mortgage Bankers Association said it brought the issue to the attention of the CFPB. The result: At least eight lenders have been sanctioned. More on the way?
Read More

Home-Flipping Profits Increase in Second Quarter

September 25, 2020
Maria Volkova
Flipped houses represented 6.7% of all single-family homes and condos sold in the second quarter, down from 7.5% of all sales in the prior period. (Includes data chart.)
Read More

Starting Next Year, Ginnie to Ban LIBOR-Indexed ARMs

September 24, 2020
Maria Volkova
Ginnie Mae said it is ready to facilitate the creation of a single-class MBS backed by ARMs linked to the Secured Overnight Financing Rate.
Read More

Industry Against Proposed Legislation to Hike IRRRL Fees

September 24, 2020
Maria Volkova
The Mortgage Bankers Association and the National Association of Realtors have urged Congress to stop hiking VA loan-guarantee fees to offset the costs of non-housing programs involving veterans.
Read More

Flood Insurance Program Ready to Lapse ... Again

September 24, 2020
Maria Volkova

Once again, the NFIP is on the brink. Will Congress ever get its act together? 


Read More
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