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Home » Authors » Emmeline Willey

Articles by Emmeline Willey

Ginnie August MBS Issuance Slips Even as Refis Increase

September 5, 2025
Emmeline Willey
Issuance of Ginnie Mae single-family mortgage-backed securities declined slightly in August. FHA deliveries were off by 1.9% due to a downturn in purchase mortgages. (Includes two data tables.)
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FHA Definition Creates First Legal Deadline Problems

September 5, 2025
Emmeline Willey
A change to language guiding the application of partial payments to a delinquent FHA mortgage creates a conflict with the first legal deadline for servicers to begin foreclosure proceedings, said Donna Schmidt, managing director at DLS Servicing.
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HUD Seeks to Ease Chassis Requirement on Manufactured Homes

September 5, 2025
Emmeline Willey
The Department of Housing and Urban Development included a proposed rule in its spring regulatory agenda to restrict the steel chassis requirements for manufactured housing to the bottom floor of a multistory structure.
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Industry Calls for More Research on BNPL Products

September 5, 2025
Emmeline Willey
Lenders and consumer advocates urged FHA to study the financial habits of users of buy-now-pay-later services before making policy changes to how the accounts are used in mortgage underwriting calculations.
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FHA Prepares Appraisal Forms Update

September 5, 2025
Emmeline Willey
FHA will begin transitioning appraisal forms to the Uniform Appraisal Dataset 3.6 in the spring.
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Urban Institute Recommends Tweaks to VA Loss Mit

September 5, 2025
Emmeline Willey
Researchers at the think tank said changes need to be made to bring loss mitigation at the Department of Veterans Affairs in line with FHA servicing protocols.
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2025 Shaping Up to be Strong Year for VA Lending

September 5, 2025
Emmeline Willey
The Department of Veterans Affairs recently backed its 29 millionth mortgage, with VA lending up following a post-pandemic slump.
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Around the Industry

September 5, 2025
Emmeline Willey
FHA updates EDI layout; HUD changes Section 184 residency requirements; FHA and VA application shares rise.
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Landmark Issues First Billboard Securitization

September 4, 2025
Emmeline Willey
The commercial real estate firm issued its first public securitization of billboard property rights — a rarity in the ABS market.
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Ginnie Removals Tick Up in 2Q Due to Borrower Payoffs

August 28, 2025
Emmeline Willey
Borrower payoffs accounted for 81% of removals in the quarter, indicating heavy refi activity.
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