August 30, 2019By George BrooksShort-Term Late Payments Lift FHA 2Q DelinquenciesThe combined delinquency rate of the entire FHA portfolio rose by 94.8 basis points in the second quarter, returning to normal levels following a dip in 1Q19. The increase was fueled by short-term late payments.
August 16, 2019By George BrooksInterim Guidance on Blue Water Law ImplementationVA has issued interim guidance for implementing legislation, which removes the VA guaranty cap on jumbos.
June 21, 2019By Paul MuoloHECM Lender RMS Slated to be Sold in Ditech LiquidationA buyer has emerged for Ditech's reverse lending division. However, it's a "stalking horse" bid, subject to bankruptcy court approval.