Ginnie Mae wants issuers to focus on fixing loan-level data quality
Joe Gormley says standardized submissions could cut reconciliation work and support friction-free servicing transfers
Ginnie Mae
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Ginnie Mae’s Joseph Gormley sounds the alarm on ‘risk-layered’ FHA portfolios
Ginnie Mae removed TPP loans from delinquency counts, expects cures to improve and ramps up loan-level transfers to boost liquidity.
New View Advisors floats sweeping changes to HECM, HMBS programs
New View Advisors urges HUD to cut upfront MIP and simplify HECM products, citing rising private-label share and MMI Fund strength.
NRMLA speaks out on the future of federal reverse mortgage programs
After federal housing leaders issued a request for information in October about the future of two key reverse mortgage programs, the National Reverse Mortgage Lenders Association (NRMLA) weighed in last week with a detailed list of suggestions.
MBA lays out proposed changes for federal reverse mortgage programs
MBA proposes seven reforms for the HECM and HMBS programs, including new securitization options and changes to mortgage insurance premiums.
Fannie and Freddie waive some loan requirements amid shutdown
Government agencies and enterprises issued guidance on Wednesday for mortgage operations and servicing during the current government shutdown.
HUD OIG reveals ongoing reverse mortgage oversight priority
The HUD OIG report details some reverse mortgage highlights, including an ongoing oversight priority and a recent conviction.
GoodLife Home Loans launches retail reverse mortgage division, says it is actively hiring
GoodLife has launched a retail reverse mortgage division and is seeking out reverse mortgage professionals for it, the company announced.
Texas Capital Bank appeals case against Ginnie Mae over reverse mortgage collateral
The suit between Texas Capital Bank and Ginnie Mae has been revived after the bank filed an appeal this week with the Fifth Circuit.
NRMLA co-chairs offer industry advocacy update
Reverse mortgage industry leaders offer a look at the advocacy work the trade association has engaged in so far in 2025.