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Home » Authors » Monica Hogan

Articles by Monica Hogan

Around the Industry

January 21, 2022
Monica Hogan
FHA Catalyst activates new mortgagee administrator role; VA increasing aggregate loan guarantee funding for specially adapted housing; Ginnie Mae to adopt blockchain technology; VA to hike fines for lenders that make false loan guarantee certifications.
Read More

Ginnie MBS Investors Closely Watching FHA Capital Ratio

January 20, 2022
Monica Hogan
Head of investment strategy at Amherst Pierpont Securities said changes to FHA premiums based on the MMIF capital ratio had big impacts on prepayments following the Great Recession.
Read More

Servicers Coordinating with States on Homeowner Assistance

January 20, 2022
Monica Hogan
Mortgage servicers have begun working with states on their new federally funded homeowner assistance programs.
Read More

Short Takes: Of Rising Rates… / Lock Now? / The Great Resignation (Not Explained) / Your Budget / A Vote Set on Gordon for FHA Chief

January 18, 2022
Monica Hogan and Paul Muolo
With January more than half gone, it stands to reason that most lenders would have already created budgets for 2022.
Read More

HUD Needs More Controls Over FHA Refunds, OIG Says

January 14, 2022
Monica Hogan
HUD calculates $384.7 million in refunds was unclaimed as of June 16, 2020.
Read More

Mixed Signals From Mortgage Bellwethers Wells and JPM

January 14, 2022
Monica Hogan and Paul Muolo
It’s earnings season! The early results show a mixed mortgage bag for the megabanks. The mega-nonbanks start reporting later this month.
Read More

States Begin Homeowner Assistance Program Rollouts

January 14, 2022
Monica Hogan
States have begun taking applications for homeowner assistance programs funded by the Treasury Department and designed to prevent foreclosures stemming from the pandemic.
Read More

CBO Flags Risks to Ginnie MBS Program Under Stress

January 13, 2022
Monica Hogan
The Congressional Budget Office looked at how an increase in nonbank issuers and a higher volume of VA loans might put Ginnie Mae’s MBS program at risk.
Read More

Uncertainty Clouds Build Back Better Prospects

January 13, 2022
Monica Hogan
The housing community continues to search for signs of negotiations on the Build Back Better agenda, but whether the legislation will pass or how much housing funding will remain in the final version of the bill is anybody’s guess.
Read More

States Urge FHA to Ensure Implementation of COVID Relief

January 12, 2022
Monica Hogan
The AGs said servicers are still sending borrowers letters that fail to include the COVID-19 recovery modification as an option, while requiring unnecessary paperwork...
Read More
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