Market Outlook

Private MIs Not Losing Sleep Over Rumored MIP Cut

news@imfpubs.com — Fri, 26 Feb 2021 15:30:00 -0500

The general consensus among private mortgage insurers is that a potential cut to FHA mortgage insurance premiums will have little impact on their business.

Overall, Forbearance is Flat Except in Ginnies

pmuolo@imfpubs.com — Fri, 11 Dec 2020 16:00:00 -0500

High unemployment readings are fueling an increase in Ginnie forbearance. Trouble ahead?

FHA Chief’s Criticism on Loan Limits No Big Deal?

pmuolo@imfpubs.com — Fri, 11 Dec 2020 15:28:00 -0500

Was FHA chief Dana Wade out of line on her criticism of the high-cost loan limit? Not really but it was (sort of) rare.

Millennial Homebuying Flies In the Face of Convention

dhollier@imfpubs.com — Fri, 11 Dec 2020 15:00:00 -0500

Nearly 93% of all the FHA loans to millennials that closed in October were for home purchases.

New FHA/VA Loan Limits Coming Soon

dhollier@imfpubs.com — Wed, 25 Nov 2020 16:30:00 -0500

New FHA and VA loan limits for 2021 will be released on Dec. 2.

The FHA MMIF Posts Solid Capital Ratio of 6.10%

news@imfpubs.com — Fri, 13 Nov 2020 16:00:00 -0500

FHA delinquencies are a paramount concern for regulators and lenders but the MMIF closed fiscal 2020 on solid footing. (Includes data chart.)

Top FHA Lender Freedom Likely to Stay Private

pmuolo@imfpubs.com — Fri, 16 Oct 2020 16:28:00 -0400

Public ownership isn’t for everyone. Just ask FHA-direct giant Freedom Mortgage of Mt. Laurel, NJ.

No. 2 FHA Lender Sees Even Better Times in 3Q20

pmuolo@imfpubs.com — Fri, 04 Sep 2020 10:30:00 -0400

Quicken Loans, a top-ranked FHA and VA lender, had stellar results in 2Q.

Former Ginnie Chief Tozer Continues to Worry About Liquidity

pmuolo@imfpubs.com — Fri, 24 Jul 2020 15:50:00 -0400

Ted Tozer, the former Ginnie president, wants to head off a potential liquidity crisis before it happens. Is anyone listening?

Arch Parent Sells 30-Year Paper, ILN Too

pmuolo@imfpubs.com — Fri, 10 Jul 2020 15:15:00 -0400

Now that markets have calmed somewhat, mortgage insurers can issue insurance-linked deals and more. Arch is the first out.

VA Lenders Lower Minimum FICO Score Requirements

news@imfpubs.com — Fri, 26 Jun 2020 13:10:00 -0400

Lenders are now starting to ease minimum FICO requirements for VA mortgages.

A Growing Fear that Ginnie ‘Buyouts’ Could Mushroom

pmuolo@imfpubs.com — Fri, 12 Jun 2020 14:30:00 -0400

Ginnie MBS investors hate loan buyouts because it alters prepayment speeds. Will the COVID-19 crisis spark a wave of new activity?

Private MI Firms Essent, NMI on a Capital-Raising Spree

pmuolo@imfpubs.com — Fri, 12 Jun 2020 14:20:00 -0400

FHA may be having a tough time with forbearance requests, but the PMI sector is doing fine: Two firms recently tapped the capital markets.

As Warehouse Lending Tightens, FHA Market Looks Dicey

pmuolo@imfpubs.com — Fri, 17 Apr 2020 15:30:00 -0400

FHA loans are known as low FICO score products, and that's a problem in this new coronavirus world we live in. Warehouse lenders are lowering the boom.

Ginnie Tries to Reassure Investors About Nonbank Liquidity

pmuolo@imfpubs.com — Fri, 03 Apr 2020 16:00:00 -0400

Ginnie and FHA are working with Treasury and the Fed to allay fears about nonbank liquidity as COVID-19 lays fallow the U.S. economy.

GSEs, FHA Waging Battle for Subprime Borrowers

Fri, 15 Mar 2019 00:00:00 -0400

The battle among the three main federal housing agencies to attract more borrowers is getting more aggressive, according to the American Enterprise Institute.

Around the Industry

Fri, 15 Feb 2019 00:00:00 -0500

GDP Projection for 1Q19 Down by $8 Billion Due to Shutdown.

Holiday Season Blunts Effect of Government Shutdown

Fri, 01 Feb 2019 00:00:00 -0500

The recent government shutdown had a minimal impact on mortgage lending activity partly due to its timing. The 35-day shutdown, which began on Dec. 22, coincided with the holiday season, which is typically a slow time for the housing market.