NewsRoom
Inside Mortgage Finance – MMIF Reading Nears 11.5%. Time to End Life-of-Loan Premiums?
The CHLA once again is calling on FHA to eliminate its life-of-loan premium requirements.
NAtional Mortgage News – Stakeholders doubtful that trigger lead reform will be passed in 2024
The mortgage industry’s effort to rein in trigger leads may have reached a standstill — at least for the time being.
HousingWire – MMI Fund capital reserve is now 5X larger than required
The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) reported a solid year of financial performance for the Mutual Mortgage Insurance (MMI) Fund, covering FHA’s Title II Single Family Mortgage Insurance programs.
HousingWire – 2024 MMI report: HECM remains in the black
The reverse mortgage portion of the Federal Housing Administration’s (FHA)’s Mutual Mortgage Insurance Fund (MMIF) has reached a positive capital ratio for the fourth year in a row on the overall government-backed portfolio. This is according to the FHA’s Annual Report to Congress, released Friday morning.
National mortgage news – large nonbanks are on better financial footing ahead of 2025
The bulk of more sizable, rated nonbank mortgage companies will start the new year on better footing than 12 months earlier, but they face interest-rate risks and a mixed funding outlook.
National Mortgage News – Ginnie Mae confirms nonbank capital relief, reveals terms
Ginnie Mae on Thursday followed through on a plan to offer capital relief to nonbank securitization issuers who can demonstrate they’re managing their interest rate risk on mortgage servicing rights.
Inside Mortgage Finance – MMIF Reading Nears 11.5%. Time to End Life-of-Loan Premiums?
The CHLA once again is calling on FHA to eliminate its life-of-loan premium requirements.
NAtional Mortgage News – Stakeholders doubtful that trigger lead reform will be passed in 2024
The mortgage industry’s effort to rein in trigger leads may have reached a standstill — at least for the time being.