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Home » Authors » Monica Hogan

Articles by Monica Hogan

CRT Helping to Improve Financial Standing of Private MIs

June 8, 2023
Monica Hogan
Between 2015 and 2022, the private mortgage industry transferred more than $20.8 billion of risk exposure via the issuance of 51 insurance-linked notes through the capital markets.
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Affordability a Concern as State Farm Exits California

June 8, 2023
Monica Hogan
State Farm, the nation’s largest writer of home insurance, cited inflation, wildfire risk and a challenging reinsurance market as reasons for its exit from the home insurance business in California.
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MBA Asks HUD to Nix Floodplain Minimum Property Standard

June 8, 2023
Monica Hogan
The Mortgage Bankers Association this week raised concerns with the Department of Housing and Urban Development about its proposed property standards for new construction and substantial renovations of FHA-insured properties located in a floodplain.
Read More

CRA Treatment of Ginnie Buyouts Under Scrutiny

June 8, 2023
Monica Hogan
There's some uncertainty on how revisions to Community Reinvestment Act standards will treat repurchases of delinquent loans pulled from Ginnie Mae pools.
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Servicers Raise Concerns About Planned VA Loss-Mit Program

June 7, 2023
Monica Hogan
The Mortgage Bankers Association and the Housing Policy Council asked the Department of Veterans Affairs to carefully consider the specifics of a new loss-mitigation program.
Read More

Congress Working on HUD Budget That Won't Outpace Inflation

June 6, 2023
Monica Hogan
Funding for the Department of Housing and Urban Development is expected to be remain static in 2024 compared to this year’s levels.
Read More

Clarifications Sought Regarding Ginnie Buyouts/CRA

June 5, 2023
Monica Hogan
Apparently, there's a lack of clarity on how to treat repurchases of delinquent loans pulled from Ginnie Mae pools...
Read More

FHA Floats New Loss-Mitigation Tool

June 2, 2023
Monica Hogan
The proposed payment supplement partial claim will be particularly useful for distressed borrowers whose mortgages have below-market interest rates.
Read More

Gordon, McCargo Tout FHA/Ginnie Partnership

June 2, 2023
Monica Hogan
FHA Commissioner Julia Gordon and Ginnie Mae President Alanna McCargo spoke at the Mortgage Bankers Association’s recent secondary market conference.
Read More

White House Boosts PAVE Task Force Actions

June 2, 2023
Monica Hogan
HUD for the first time has committed to making its FHA appraisal data publicly available. The disclosures will be available later this year.
Read More
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