Ginnie Mae/FHA

Browse articles from IMFnews related to Ginnie Mae/FHA.

March 22, 2019 - IMFnews

FHA Lenders Can Opt for Third-Party Verification

The new guidance applies to all FHA forward mortgages and HECMs…


March 22, 2019 - IMFnews

Guess What? The Federal Reserve is No Longer No. 1 in MBS Holdings

The Federal Reserve's MBS leakage began in 2017…


March 21, 2019 - IMFnews

Trade Group Goes to Bat for Higher Wages at Ginnie Mae. But There’s a Reason Behind It

It’s impossible to tell how much the Ginnie Mae president earns because that position has been vacant since early 2017…


March 21, 2019 - IMFnews

Agency Servicing Grows in 4Q18 but Banks Say No to the Party

The only soft spot was in the servicing for non-agency mortgage-backed securities…


March 18, 2019 - IMFnews

Short Takes: A New Wave of Optimism? / Value Your CFO / Feds Plan Community Hearings on BB&T-SunTrust Deal / MFA Buying Plenty of Whole Loans. Can An MBS Be Next? / Former HUD Official Pam Patenaude Lands

Mortgage REIT MFA Financial, New York, bought roughly $1 billion worth of loans during the fourth quarter...


March 18, 2019 - IMFnews

GNMA MBS Production Down Sharply in February

Much of the reduced refi business resulted from a 14.8% drop in cash-out transactions...


March 18, 2019 - IMFnews

Worried About Risk, FHA Seeks to Mitigate Decreasing Credit Scores, More…

Changes to the agency’s TOTAL Mortgage Scorecard, go into effect March 18...


March 15, 2019 - IMFnews

Buyouts from Ginnie Mae MBS Boost Supply of NPLs

According to market watchers like Peter Barkey of Roosevelt Management, there are about $4 billion in Ginnie buyouts per month…


March 15, 2019 - IMFnews

REITs Add to Agency MBS Holdings, Non-Agency Down

Agency securities accounted for $26.4 billion of the growth in REIT MBS holdings over the course of the year…


March 13, 2019 - IMFnews

Short Takes: More Non-QM MBS Deals on the Way / What’s Ginnie Mae Really Worried About? / A Big ‘Nothing Burger’? / What Borrowers Want When They Shop Online for a Mortgage / Amherst’s Appetite for SFR / A New Hire for Incenter

Another official described the Ginnie Mae change as a “nothing burger…”


March 13, 2019 - IMFnews

Phoenix Capital and MIAC Unveil New MSR Auctions

MIAC is also ready to take final bids on a $315.3 million Fannie/Freddie/Ginnie Mae MSR portfolio…


March 13, 2019 - IMFnews

Freddie Mac’s MBS Business Rebounds in February

Fannie Mae saw its monthly MBS output decline by 18.1% from January…


March 12, 2019 - IMFnews

Trump Wants to Slash HUD’s Budget by 16%, but Allows for FHA ‘Tax’ to Upgrade IT

The Trump White House wants to impose a fee on FHA lending to raise the money...


March 8, 2019 - IMFnews

Ginnie Mae to Increase Servicing Spread Requirements for Single-Family MBS

Starting March 1, 2020, issuers will be required to have and maintain, at all times, a weighted average servicing spread of at least 25 basis points for their forward, fixed-rate single-family Ginnie portfolio.


March 8, 2019 - IMFnews

Monthly Agency MBS Production Falls to Level Last Seen in 2014

Fannie Mae, Freddie Mac and Ginnie Mae generated only $69.97 billion of single-family MBS in February.


March 6, 2019 - IMFnews

Short Takes: Ben Carson to Leave HUD After 2020 Election? / CFPB Hearing / Home Price Appreciation Slows / Mortgage Applications Down / Pinto’s Housing Finance Reform Plan

Housing and Urban Department Secretary Ben Carson said he is planning on leaving his post at the end of President Trump’s first term ...


March 6, 2019 - IMFnews

FHA, VA Delinquency Rates Decline in Fourth Quarter

FHA delinquency rates fell 26.4 basis points between December and January and were down 14.1 bps over an eight-month period ending January, according to the Inside FHA/VA Lending database ...


March 5, 2019 - IMFnews

First-Time Homebuying Servicemembers Prefer VA Loans, Says CFPB

The Consumer Financial Protection Bureau in a new report found that more first-time homebuyers in the military used loans guaranteed by the U.S. Department of Veterans Affairs from 2006 to 2016 ...


March 4, 2019 - IMFnews

Short Takes: Pondering the Letter Sent to Joseph Otting / Among the Signors… / More MSR Auctions in the Works / MetLife Has a Nice War Chest of Whole Loans / A New Hire at Gateway Mortgage

More servicing-related auctions are in the pipeline, including a $2.97 billion Fannie Mae/Freddie Mac portfolio from Phoenix Capital...


March 4, 2019 - IMFnews

HECM Production Slowed by Government Closure

The HECM carnage was widespread…


March 4, 2019 - IMFnews

Agency MBS Production Declined in January but Trading Volume Soared

The bravura performance came during a month when GSE and Ginnie Mae MBS issuance totaled just $80.7 billion…


February 22, 2019 - IMFnews

Banks Stock Up on Fannie/Freddie MBS as 2018 Ends

The biggest increase in held-to-maturity and available-for-sale accounts was in agency pass-through securities…


February 20, 2019 - IMFnews

IMA Offers Up an $11.9 Billion Fannie/Ginnie MSR Package

Roughly 21% of the receivables are in California…


February 20, 2019 - IMFnews

Weak 4Q Purchase Lending Shrinks FHA/VA Output

Among the top-15 FHA direct lenders in 2018, not one was a bank...


February 19, 2019 - IMFnews

SIFMA Wants Changes to VA Cash-Out Interim Rule

SIFMA noted that while Ginnie’s actions to curb abusive refinancing have been helpful, they have not solved the problem…


February 15, 2019 - IMFnews

Mortgage Securitization Rates Steady in 2018, Non-Agency Rising

The Ginnie securitization rate hit 100.2%, but timing issues were involved…


February 13, 2019 - IMFnews

Ginnie Mae Approved Only 8 New Issuers in 2018

Nonbanks comprise 61% of approved servicers of Ginnie’s $2.04 trillion portfolio…


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