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Inside FHA/VA Lending

January 18, 2019

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FHA/VA Default Rates Edge Up, Nonbanks Stalk Wells

Delinquency rates for FHA and VA loans in Ginnie Mae mortgage-backed securities rose in the fourth quarter of 2018, but loan performance was generally stronger, according to a new Inside FHA/VA Lending analysis. [Includes four data charts.] Read More

Servicers Urged to Offer Relief to Laid-Off Workers

FHA and VA are calling on servicers to provide special relief to furloughed federal workers and contractors as the partial government shutdown neared a full month with no end in sight. Read More

VA Stakeholders Struggle With Interim Cash-Out Rule

More clarity is needed with regards to the Department of Veterans Affairs’ proposed changes to its rules on cash-out refinances, VA lenders said. Read More

Bright’s Hasty Exit Leaves a Vacuum at Ginnie Mae

Ginnie Mae has reached the halfway mark of President Trump’s first term without a permanent leader and appears likely to remain so until after the 2020 presidential election. Read More

Plan Afoot to Reintroduce VA ‘Orphan Loan’ Measure

Congress reportedly plans to reintroduce legislation that would restore Ginnie Mae eligibility for $100 million dollars’ worth of so-called orphan VA streamline refinance loans. Read More

Around the Industry

DOJ, HECM servicer agrees to False Claims Act settlement; Essent announces launch of EssentEDGE; Radian introduces new MI pricing option; TMS becomes approved Ginnie Mae PIIT buyer. Read More

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