Items Tagged with 'VA'

ARTICLES

  • MBA Servicing: What does the future of mortgage servicing look like?

    Panel calls for more innovation in servicing
    Leaders from the FHFA, USDA and VA took the stage at the Mortgage Bankers Association’s Servicing conference Tuesday to talk about the future of mortgage servicing. So what does that future look like? More M&A, more tech investment and, if you’ve got a really long lens, more standardization.
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  • Veteran homelessness drops nearly 50% since 2010

    But decrease slows under Trump administration
    Veteran homelessness decreased in 2018 and has plummeted since 2010; in some states, veteran homelessness has even been completely eradicated. However, despite these successes, critics worry that the decrease in veterans has slowed under the Trump administration, and even increased slightly in 2017.
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  • Ross Mortgage debuts 4 new specialty loans

    Construction loans, doctor loans, manufactured home loans and VA renovation loans
    Ross Mortgage Corporation is adding four specialty loans to its suite of lending services: one-time close construction loans, doctor loans, manufactured home loans and VA renovation loans.
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  • Lenders react to removal from Ginnie Mae VA loan programs

    Responses couldn’t be more opposite
    Friday evening, Ginnie Mae announced it was booting several lenders from its Department of Veterans Affairs securities programs. Now, lenders are reacting, but their responses couldn’t be more opposite. While one lender is commending Ginnie Mae’s actions, while another stands firmly against them.
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  • Ginnie Mae boots 3 VA lenders from mortgage bond programs

    Continues crackdown of VA loan churning
    Ginnie Mae announced late Friday that it is booting three VA mortgage lenders from its main securities programs. All three issuers are restricted from including VA single family guaranteed loans in Ginnie Mae I securities or Ginnie Mae II multi-issuer securities. Click the headline to find out which three lenders got the boot.
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  • Ginnie Mae reveals new requirements for VA refinances

    Continues fight against predatory lending
    Ginnie Mae recently announced new requirements for its Department of Veterans Affairs refinance loans in order to protect service members from predatory lending. The agency issued an All Participants Memorandum that announced the implementation of changes to pooling eligibility requirements for VA insured or guaranteed mortgages.
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  • Mortgage market quickly bounces back from latest hurricane season

    Government agencies prepare for round two
    Last year was a rough one for homeowners hit by a slew of natural disasters including hurricanes, flooding, and even wildfires. Now, months later, the mortgage market is recovering surprisingly well, according to a panel of experts from government agencies at the Mortgage Bankers Association Secondary conference.
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