GSE Helps Drive Up Mortgage Credit Availability
Mortgage credit conditions eased slightly last month, and it was affordable government-sponsored enterprise offerings that led the improvement.
Annual MBS Issuance Soars at Ginnie, Jumbo Triples
Issuance of Ginnie Mae mortgage-backed securities jumped more than 40 percent in its latest fiscal year, with jumbo issuance more than tripling.
MSRs on $4 Billion Ginnie Portfolio Up for Bid
Buyers of mortgage servicing rights have an opportunity to make a bid for MSRs on more than $4 billion in Ginnie Mae loans.
Delinquency Worsens on Bank-Serviced Mortgages
The rate of past-due payments on first-lien home loans that are serviced by the nation's banks took a turn for the worse on a quarter-over-quarter basis.
FHA Reverse Mortgage Originations Slide
Mortgage Rates Barely Slip, More of Same Likely
Monthly originations of federally insured reverse mortgages were down by nearly a fifth, though the biggest producer managed a gain.
Mortgage rates were minimally lower this week, and the outlook is for little change over the next week -- though a key economic report could change that.
loanDepot Allegedly Used Ineligible DPA on FHA Loans
A government watchdog has determined that loanDepot LLC improperly utilized downpayment assistance on residential loans that are insured by the government.
VA Updates Servicer Handbook
Servicers of residential loans that are guaranteed by the Department of Veterans Affairs will soon need to comply with a revised handbook.