What Is Streamline Refinancing? | Streamline Refi Rates & Rules
The Streamline Refi is one of the best refinancing options FHA, VA, and USDA mortgages make up a massive part…
Ocwen and its PHH unit returned to profitability in 3Q, may rebrand
Ocwen Financial returned to profitability during the third quarter, recovering from past losses by offsetting thinner production margins with servicing…
Mortgage bankers to end weekly forbearance survey as numbers drop
Loans with pandemic-related payment suspensions are close to falling below 1 million, down from a peak of 4.3 million in…
Amid milestone quarter, Home Point braces for more margin compression
The trailing 12-month originations at Home Point Capital’s mortgage subsidiary hit a $100 billion milestone in the third quarter, when…
Ginnie Mae clarifies rule on refinancing VA mods
Ginnie Mae has issued a clarification aimed at addressing complications that arise when lenders modify mortgages and then refinance them…
Ginnie Mae to have new pool type ready for 40-year loans by December
Government bond insurer Ginnie Mae has unveiled the pool type it will use for newly modified mortgages with terms up…
MSR prices are rising in line with rates as lender needs shift
The mortgage servicing rights market has been on an upswing as higher rates have given MSRs a cyclical boost. Lenders…
Mortgage market volatility returns | National Mortgage News
This past weekend, I spent some quality time in the wholesale channel at the National Association of Mortgage Brokers annual…
Affordable housing advocate moves closer to top job at Ginnie Mae
WASHINGTON— President Biden’s nominee to lead Ginnie Mae pledged to lawmakers Thursday that if confirmed, she would do her part…
Forbearance request deadline extended for government loans: CFPB
The deadline for initial forbearance requests for Federal Housing Administration-insured and Department of Veterans Affairs guaranteed loans has been extended,…