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The Federal Housing Finance Agency plans to increase liquidity standards for nonbank conforming loan servicers, and at the same time raise the net worth requirements for those that also perform the function for Ginnie Mae.
February 5 -
With most U.S. households spending more and paying their bills on time, their creditors are feeling more confident than ever.
January 17 -
The fact that the more operationally skilled nonbanks have come to specialize in government mortgages is hardly surprising if you assess the cost to originate and service these loans.
January 13Whalen Global Advisors LLC -
Issuance of Ginnie Mae mortgage-backed securities slipped after several months of gains, but high volume still pushed the year-to-date total for 2019 ahead of 2018’s full-year figure.
December 16 -
The share of Department of Veterans Affairs-guaranteed loans in Ginnie Mae mortgage-backed securities issuance rose to 42% in the most recent fiscal year from almost 39%, and could continue to rise.
December 9 -
In light of the Federal Housing Administration's strong financial performance, now is not the time to "reduce the FHA's footprint," but rather to broaden the critical access to credit role it plays.
December 3Kellum Capital Group and Kellum Mortgage -
Nationstar’s next securitization of defaulted or inactive home equity conversion mortgages will have a higher-than-average exposure to properties with steep leverage, as well as ties to judicial foreclosure states.
November 21 -
There's been chatter that investors are shying away from Fannie Mae and Freddie Mac mortgage-backed securities because Congress may not enact housing finance reform. Be skeptical of those claims.
November 19 -
The dollar volume of mortgages guaranteed by the Department of Veterans Affairs rose nearly 9% in the past fiscal year as interest-rate reduction refinancing loans surged nearly 75%.
November 11 -
Eric Blankenstein, who resigned from the Consumer Financial Protection Bureau in May after the discovery of his racially charged writings, was named acting executive vice president of Ginnie Mae.
November 8