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Home » Authors » Emmeline Willey

Articles by Emmeline Willey

Rumblings of Moving RHS Just Noise for Now

November 26, 2025
Emmeline Willey
A lawmaker hinted recently that there’s consideration of moving the U.S. Department of Agriculture’s Rural Housing Service under the Department of Housing and Urban Development’s control, but any move appears to be at a conceptual stage.
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FHA Waives Disclosure Form Requirement

November 26, 2025
Emmeline Willey
FHA waived a policy that required lenders to provide notices to borrowers about various protections, a move the agency said would lighten some of the burden on lenders.
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PHH Exits HECM Servicing, Sells MSRs to FoA

November 26, 2025
Emmeline Willey
PHH Mortgage agreed to sell servicing rights for HECMs to Finance of America as part of a broader revamp of its strategy.
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Around the Industry

November 26, 2025
Emmeline Willey
Former FHA commissioner lands at FDIC; FHA foreclosures rise; MISMO releases government-lending dataset; USDA lowers PITI ratio.
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Mortgage Aggregators Drive eNote Uptake

November 21, 2025
Emmeline Willey
More large aggregators adopted eNotes this year, pushing up the share of closings completed digitally.
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CMBS Downgraded by S&P Following Criteria Changes

November 20, 2025
Emmeline Willey
After revising its CMBS criteria, S&P Global ratings downgraded ratings on a number of commercial MBS deals.
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USMI Calls for Modernizing FHA’s MMIF Capital Ratio

November 20, 2025
Emmeline Willey
The U.S. Mortgage Insurers said FHA’s Mutual Mortgage Insurance Fund is overdue for reforms, with the 2% capital ratio requirement not sufficient to meet the standards the GSEs and private insurers must satisfy.
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Refis Push Ginnie Issuance Up in October

November 19, 2025
Emmeline Willey
Refi volume in Ginnie MBS issuance increased by 46.7% on a monthly basis to $15.25 billion in October.
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Negative Equity a Growing Concern for FHA, VA Borrowers

November 17, 2025
Emmeline Willey
Some 4.3% of FHA loans and 7.5% of VA loans are underwater, according to Intercontinental Exchange’s November mortgage report.
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October Ginnie Issuance Buoyed by Refis

November 14, 2025
Emmeline Willey
Issuers produced $47.87 billion of new Ginnie Mae single-family MBS in October, the highest monthly volume so far this year. Refis accounted for 31.9% of the new issuance. (Includes two data tables.)
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