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Home » Authors » George Brooks

George Brooks

news@imfpubs.com
Articles

ARTICLES

Regions Bank Will Pay Uncle Sam $52.4 Million to Resolve FCA Complaints

September 14, 2016
George Brooks
To date, FCA/FHA settlements have netted the federal government roughly $5.0 billion.
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Ginnie Mae Issuance Hits A Yearly High in August

September 13, 2016
George Brooks
Despite shying away from FHA production, Wells Fargo remained a top Ginnie issuer, closing August with $3.83 billion and ranking third overall.
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RHS Ready to Cut Upfront Funding and Servicing Fees

September 12, 2016
George Brooks
Another reason for the cut in fees: rural housing delinquencies and foreclosures are at record lows.
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Short Takes: GSE Plaintiff Perry Capital Does Some Serious Shrinking / Tony Renzi’s First Day at Ditech / Hacking Might be an Issue / A New Hire For Auction.com

September 12, 2016
George Brooks and Paul Muolo
It's hard out there for a hedge fund (suing the government regarding the GSEs)...
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HUD Updates Single-Family Property Disposition Regulations

September 1, 2016
George Brooks
The codified changes include limiting the provision of settlement-cost assistance to owner-occupants.
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Short Takes: In the Jumbo Space, Banks Were the Top Gainers / Dave Stevens Isn’t Interested in the Job, but … / Former Mortgage Chief Indicted

August 31, 2016
George Brooks and Paul Muolo
What Stevens describes sounds like something a trade group might want to do...
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The Six-Month Tally: FHA Production Up 8.4 Percent, VA by Almost 13 Percent

August 30, 2016
George Brooks
It was the highest three-month total for government-insured lending on record, although private mortgage insurance did more business in the second quarter than either FHA or VA…
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MBA Issues Warning on Lenders Getting Involved in Downpayment Assistance Programs

August 29, 2016
George Brooks
The FHA and the Inspector General of HUD currently are at odds over permissible sources of single-family downpayment assistance offered through housing finance agencies.
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It’s Not Going to Happen Anytime Soon: A Cut in FHA Premiums

August 18, 2016
George Brooks
The private MI share of new primary insurance rose 6.0 percentage points to 37.8 percent during the second quarter, while the FHA share fell 5.4 percentage points to 34.4 percent…
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HUD IG Not Done with Scrutiny of Downpayment Assistance Program

August 17, 2016
George Brooks
The IG suggested that state HFA downpayment assistance programs are no different than the seller-funded DPA arrangements that led to huge losses for the FHA…
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View All Articles by George Brooks

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