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Home » Authors » Emmeline Willey

Articles by Emmeline Willey

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HUD Counseling Limited by ‘Outdated IT’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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Trump Admin Makes Sweeping Changes to FHA Loss-Mit

April 16, 2025
Emmeline Willey
FHA’s COVID-19 loss-mitigation options will be rescinded and the Trump administration is taking a close look at the payment supplement program established during the Biden administration.
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Trigger Lead Ban Back on Menu in Congress

April 11, 2025
Emmeline Willey
Parallel bills were introduced this week in what policymakers and lenders hope will be a final bipartisan push to tighten restrictions on the abusive use of credit trigger leads.
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Court Sides With Ginnie in Texas Capital Bank Lawsuit

April 10, 2025
Emmeline Willey
Ginnie Mae emerged victorious in a lawsuit brought by Texas Capital Bank over an extinguished lien on collateral for Reverse Mortgage Funding’s home equity conversion mortgages. TCB plans to appeal the ruling.
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Grapevine: New Leader at Ginnie? Crypto Shift for MF Vendor

April 10, 2025
Brandon Ivey and Emmeline Willey

Joe Gormley is rumored to be leading Ginnie Mae ahead of his potential official nomination for Ginnie president; new leadership at multifamily securitization vendor putting emphasis on decentralized finance.


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