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Home » Authors » Emmeline Willey

Articles by Emmeline Willey

CHLA Opposes Mortgage Fee Hikes in Congress’ Budget

April 24, 2025
Emmeline Willey
The Community Home Lenders of America urged members of Congress not to approve fee increases for GSE and government-backed loans in the 2025 fiscal year budget.
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A Drop in FHA/VA Lates But Worries Persist

April 21, 2025
Emmeline Willey
“Conventional delinquencies remain near historical lows, but FHA and VA delinquencies are increasing at a faster pace,” MBA noted.
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FHA Delinquencies Fall in 1Q, Remain Historically High

April 18, 2025
Emmeline Willey
Total delinquencies on FHA loans in Ginnie Mae MBS dipped at the beginning of 2025 but remained high compared to previous years. (Includes four data tables.)
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HUD Puts Two-Year Cap on Loss-Mit Options

April 18, 2025
Emmeline Willey
FHA announced sweeping loss-mitigation changes this week, including limiting borrowers to take one loss-mitigation option every two years, rather than a planned 18-month restriction.
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Prospects Uncertain for VA Loss Mitigation

April 18, 2025
Emmeline Willey
The timeline and likeliness of the implementation of a partial claims program are hazy as the Department of Veterans Affairs gears up to end its last-resort home-retention option on May 1.
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TCB v. Ginnie Ruling Effects to Ripple

April 18, 2025
Emmeline Willey
The outcome of a judge’s ruling in Ginnie Mae’s favor over its seizure of collateral from Texas Capital Bank could make warehouse lenders wary of helping lenders facing liquidity issues, or of lending to reverse-mortgage originators at all, industry participants warn.
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Turner Assesses HUD Programs, Reaffirms OZ Focus

April 18, 2025
Emmeline Willey
HUD Secretary Scott Turner said the agency is evaluating every program under its umbrella, and reiterated his focus on extending the opportunity zone investment program.
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FHA Rolls Out Case Binder Testing Software

April 18, 2025
Emmeline Willey
FHA opened its new integration testing platform for originators and origination system vendors, with the goal of improving the efficiency of FHA loan origination and data collection.
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HUD Counseling Limited by ‘Outdated IT’

April 18, 2025
Emmeline Willey
Antiquated IT systems constrain the HUD Office of Housing Counseling’s ability to collect data and assess the outcomes of its programs. Funding for an upgrade has yet to be allocated.
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Around the Industry

April 18, 2025
Emmeline Willey
Ginnie Mae gets a new leader; HUD officially starts search for new headquarters; foreclosure moratorium extended for hurricane-impacted area; USDA makes handbook changes.
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