MSRs For Sale On Ginnie Loans
Bids are being taken for a portfolio of mortgage servicing rights on Ginnie Mae loans that have a concentration on the East Coast.
FHA's Role Uncertain in Trump Era
With the Trump administration's recent reversal of premiums on government-insured mortgages, it's uncertain how the Federal Housing Administration will evolve.
Mortgage Lates Surge, Foreclosures at 9-year Low
Even though the foreclosure rate fell to a nine-year low and foreclosure starts sank to a 28-year low, quarterly 30-day mortgage delinquency spiked.
Home Lenders Take More Risk, Gov Share Shaken Up
There was a significant change in the share of government home-loan originations last month. Meanwhile, lenders took more risk with credit scores and debt-to-income ratios.
Refinance Share Sinks to 8-Year Low
It's been almost eight years since the share of refinance applications was as low as it was last week. Overall activity fell.
$1.3 Billion in Ginnie MSRs Up for Auction
Ginnie MBS Outstanding at All-Time High
A successful bidder will pick up mortgage servicing rights on over $1.3 billion in Ginnie Mae loans with a 10 percent concentration in Florida.
Despite a decline in monthly securitizations guaranteed by the Government National Mortgage Association, its book of business reached a record.
FHA IT Improvement Cost Estimates Deficient
A new government report indicates that cost estimates for the automation and modernization of the Federal Housing Administration have been deficient.