After that date, Ginnie MBS issuers will no longer be able to enter the agency’s legacy systems — GMEP and GinnieNET — directly through their web addresses.

In a 57-to-40 vote, the Senate confirmed Trump nominee Dana Wade as FHA commissioner. She replaces Brian Montgomery.

The attachment point in the transaction is 2.50% on a cumulative basis whereas prior deals were at 2.25%. KBW said the increase implies the deal will provide immediate PMIERs capital relief.

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

Noting that competitive pricing can be impacted during disasters such as the one created by the coronavirus, HUD’s internal watchdog has listed red flags officials should look for when reviewing bids.

The Caliber CEO recommends patience in reopening offices, saying opting to wait has kept his employees safe from the surge of COVID-19 cases in Texas...

Ginnie Mae’s online portal will be the sole avenue to access all its systems, including GinnieNET and GMEP, from Dec. 1.

Borrowers faced with coronavirus-related financial difficulties are prioritizing auto and credit card payments over mortgage, according to Fitch Ratings.

The deal comprises fully collateralized excess-of-loss reinsurance coverage for MI policies written from July 2019 through March 2020.

Meanwhile, the National Association of Realtors called on the agency to suspend the rule, for now...