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Watch the Latest Appraisal
News Headlines - ginnie mae appraisal

ARM Primer; Investor Fee and SRP Changes - Cost of Lending Changing
Mortgage News Daily
Both reports must be ordered, completed and reconciled prior to delivery, by the same Appraisal Management Company (AMC). Effective .... Norcom's focus is on residential mortgage lending and is a direct Fannie and Freddie seller and Ginnie Mae issuer.

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Lender Changes to Fees and Price Caps; How is Agency Risk-Based Pricing Set?
Mortgage News Daily
Taken to an extreme, if every investor decided they no longer wanted to own Ginnie Mae securities, and lenders couldn't sell their FHA & VA loans, what would that do to the market? And in turn, lenders offering that product? Conversely, if mortgage ...

The MReport

The Rise of VA-Backed Originations
The MReport
The main drivers of Ginnie Mae's rising share of MBS issuance were FHA refinance activity, the reduction in FHA's insurance premium (by 50 basis points in January 2015) and increased volumes of VA-backed originations, according to the Urban Institute's ...

PHH Sheds More Servicing; Flood Insurance News; Jumbo, Conforming, and Appraisal Changes
Mortgage News Daily
The deal excludes the Ginnie Mae (GNMA)-related MSR, which the company previously announced it had sold to Lakeview. But apparently PHH knows how to actually service loans, and concurrently with the Purchase Agreement NRM entered into a ...

News From NAMB: November 17, 2017
National Mortgage Professional Magazine (blog)
The Appraisal Foundation, who testified at the hearing, has established a perfectly fine set of standards and high qualifications. The problem is, it ... Ginnie Mae bond issuers are concerned that it could harm Ginnie servicers and Ginnie Mae itself ...

Servicing Market Heating Up? Rising Rates to Impact Fed MBS Purchases?
Mortgage News Daily
And PHH Corp. says it has begun its exit from private-label mortgage lending, and is selling most of its Ginnie Mae MSR portfolio to Lakeview Loan Servicing. .... There is just 1 more day to register for United States Appraisals Free "Day 1 Certainty ...

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PHH cuts South Jersey jobs, loses $202M, exits joint venture
Philadelphia Business Journal
PHH Corp. has exited a joint venture and announced job cuts in its South Jersey headquarters while also revealing that it lost $202 million last year as it completed an almost year-long review of its strategic options that resulted in plans to operate ...

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Fannie, Freddie Should Be Returned To Private Sector, Trump's Pick For Treasury Says
One that supports a grossly under-funded and under-staffed Ginnie Mae, expands and streamlines the Federal Housing Administration [FHA] multifamily programs to address affordable rentals, and reduces the mortgage insurance premiums on FHA single-family ...

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HMBS: The Risks of GNMA Issuance
The Reverse Review | Daily Reverse Mortgage News (press release)
In order to issue securities, the issuer must first obtain commitment authority from GNMA in the amount equal to the aggregate unpaid principal balance (UPB) of the loans to be securitized. The pricing for commitment authority is $500 for the first $1 ...

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Redfin Launches Mortgage Co; Lender's Appraisal, Pricing, and Disaster Updates
Mortgage News Daily
As you may remember, GNMA killed this product for multi-issuer pools making it much more difficult to securitize any VA IRRRL which had less than 6 payments made. 360 Mortgage is actively accepting these loans today via its wholesale and correspondent ...

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