December 17, 2021

Correspondent Channel Up in Fading FHA/VA Market

PennyMac Financial had the biggest correspondent platform in the FHA/VA market at the end of the third quarter, but a handful of competitors were gaining ground. (Includes data chart.) Read More

Senate Confirms McCargo as Ginnie Mae President

Alanna McCargo will be the first Senate-confirmed president of Ginnie Mae since 2017. Read More

FHA’s Regulatory Workload Remains Significant in 2022

A rule allowing borrowers to purchase private flood insurance can be expected in February, according to HUD’s recently released agenda. Read More

House Subcommittee Hears Tips for VA Home Loan Program

Industry stakeholders want mortgage lenders, real estate agents and Congress to work with the Department of Veterans Affairs to enhance the VA home loan program. Read More

California Leads States in HECM Lending

California continued to have a solid lead in originations of home-equity conversion mortgages in the first nine months of 2021. (Includes two data charts.) Read More

MBA Seeks Changes to FHA Single-Family Handbook

The Mortgage Bankers Association has sent 39 proposed origination-focused revisions for FHA’s single-family policy handbook. Read More

Industry Asks FHA for Quick Transition From LIBOR

In comments due last week, industry and consumer groups sought clarity on the transition from LIBOR for adjustable-rate mortgages. Read More

FHA’s Quality Assurance Team Hears From Servicers

FHA mortgage lenders and servicers shared their concerns with the agency’s single-family housing quality assurance team this week. Read More

Around the Industry

Vacant loan sale held by HUD; FHA extends comment deadline on servicing defect taxonomy; VA policy agenda includes plans to finalize a rule for cash-out refis; VA informs on certain appraisal policies; Ginnie Mae reminds issuers to complete renewals or certifications for master agreements; Ginnie revises definition of high-balance loan limits. Read More

Inside FHA/VA Lending

View Archived Issues

Correspondent Channel Up in Fading FHA/VA Market

Senate Confirms McCargo as Ginnie Mae President

FHA’s Regulatory Workload Remains Significant in 2022

House Subcommittee Hears Tips for VA Home Loan Program

California Leads States in HECM Lending

MBA Seeks Changes to FHA Single-Family Handbook

Industry Asks FHA for Quick Transition From LIBOR

FHA’s Quality Assurance Team Hears From Servicers

Around the Industry

Latest Imf News

VA Getting Closer to Launching Partial Claim Program

GSEs’ Mortgage Holdings Increase by 26% in Fourth Quarter

Homebuilder Confidence Declines, Affordability Issues Persist

MFA Financial Increases Income in Fourth Quarter

Featured Data

FHA Delinquencies Rise to Pandemic Levels

Expanded-Credit MBS Issuance Slows in 4Q

New Nonbank Servicing Giant Emerges in Fourth Quarter

January Ushers In New Year With Modest Gain in MBS

Featured Reports

Mortgage Profitability Report 3Q25 (PDF)

Mortgage Servicing Rights Report: 3Q25 (PDF)

IMF Mortgage Directory: Full interactive database

Agency Seller-Issuer Profile: 3Q25 (PDF)

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

Inside FHA/VA Lending

December 17, 2021

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?