FHA, VA

Browse articles from all of our Newsletters related to FHA, VA.

February 15, 2019 - Inside FHA/VA Lending

Around the Industry

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


February 15, 2019 - Inside FHA/VA Lending

Wells Fargo, Sierra Agree to Resolve FHA-Related Claims

The U.S. District Court for the Northern District of California has approved a class-action settlement between borrowers and a large bank to resolve allegations of illegal and unfair collection of post-payment interest on FHA-insured mortgages.


February 15, 2019 - Inside FHA/VA Lending

Congress Mulls Raising VA Fees to Expand Healthcare

Congress is reportedly considering a legislative proposal to charge higher guarantee fees for VA mortgages to cover healthcare costs of Korean and Vietnam War veterans who were ex-posed to herbicides, such as Agent Orange and other toxic agents.


February 15, 2019 - Inside FHA/VA Lending

Weak 4Q Purchase Lending Shrinks FHA/VA Output

Government-backed originations fell significantly in the fourth quarter of 2018 due to a decline in purchase lending even as year-over-year results reflected the uncertainty in last year’s government-backed mortgage market.


February 1, 2019 - Inside FHA/VA Lending

Around the Industry

HUD receives share in settlement under False Claim Act; Implementation date for EAD system postponed; Issuance of HMBS declines year over year.


January 18, 2019 - Inside FHA/VA Lending

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.


January 18, 2019 - Inside FHA/VA Lending

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.


January 18, 2019 - Inside FHA/VA Lending

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.


January 18, 2019 - Inside FHA/VA Lending

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.


January 18, 2019 - Inside FHA/VA Lending

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.


January 18, 2019 - Inside FHA/VA Lending

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.]


January 11, 2019 - Inside Mortgage Trends

Private MIs Boost Share of Agency Purchase Loans

Private mortgage insurers continued to expand their presence in the flow of purchase-money mortgages into mortgage-backed securities issued by Fannie Mae, Freddie Mac and Ginnie Mae. In 2018, lenders sold $243.54 billion of purchase loans with private MI coverage to Fannie and Freddie, a sturdy 13.8 percent rise from 2017, according to an Inside Mortgage Trends analysis. Private mortgage insurance accounted for 46.8 percent of agency ... [Includes two data charts]


Poll

Do mortgage lenders really need a new credit-scoring model or is the current FICO system adequate?

It’s fine. Stick with what works.

53%

Time for a change. Borrowers are different today.

35%

Undecided, still assessing the situation.

12%