ICE data shows 574,000 mortgages were at least 90 days past due in August, while early-stage delinquencies remained below year-ago levels
Tagged: U.S. Department of Veterans Affairs (VA)
VA's latest reminder about reusable benefits highlights an opportunity for originators to revisit past clients — and understand the rules around remaining entitlement
Applications fell 5.7% annually in July, while government-backed mortgages accounted for half of builder-affiliated loan volume
The agency’s first nonperforming-loan offering in 13 months transfers 969 deeply delinquent mortgages to private buyers, including a small pool concentrated in Dallas-Fort Worth
Veterans United survey finds 43% of military-affiliated prospective buyers plan to purchase within six months, compared with 22% of civilians
The servicer activated the VA’s new loss-mitigation waterfall nearly four months early, offering relief as delinquencies rise among recent VA borrowers
VA lenders and servicers have until Nov. 28 to implement the new loss mitigation waterfall and Partial Claim Program
The mortgage servicer can initially issue up to 1,000 eNotes and manage digital collateral for other Ginnie Mae issuers
Trade group says the loss of experienced Rural Housing Service staff could complicate delegated underwriting, lender onboarding, and program guidance
New data standards aim to streamline Certificate of Eligibility requests, reduce manual processing and speed VA loan originations