Ginnie Mae Removes Va Loan Restrictions On Newday Usa And Sunwest Mortgage | Latest News RSS feed

Ginnie Mae Removes Va Loan Restrictions On Newday Usa And Sunwest Mortgage - Latest News

Ginnie Mae removes VA loan restrictions on NewDay USA and SunWest Mortgage

More than a year after initially being restricted from participating in all of Ginnie Mae’s mortgage-backed securities programs due to issues with Department of Veterans Affairs mortgages, NewDay USA ... read more

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Ginnie, FHA, VA News in Primary and Secondary; The Summer of Service

Ginnie Mae is announcing that it has restricted VA single family guaranteed loans pooled by Freedom Mortgage Corporation, SunWest Mortgage Company, Inc., and NewDay USA in Ginnie Mae pools to Ginnie ... read more

Feds restrict 2 more lenders in fight against VA ‘loan churn’

Ginnie Mae, a government corporation that oversees the process for ensuring the success of the government’s mortgage-backed securities guarantee, has restricted Freedom Mortgage Corporation and ... read more

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U.S. Restricts Freedom Mortgage in Continued VA Loan Crackdown

Freedom Mortgage, one of the largest ... issued refinanced so quickly. In April, Ginnie told two lenders, NewDay USA and Nations Lending, that they could only issue “custom pools” that aren’t mixed ... read more

Fannie Mae Removes ‘Ability to Repay’ from HARP 2.0 Guidelines

""Fannie Mae"": has updated ... to determine the borrower has a reasonable ability to repay the mortgage based on a review of the information provided on the new loan ... read more

Lenders face fed punishment amid VA ‘loan churning’ concerns

The restrictions placed ... the success of the government’s mortgage-backed securities guarantee. Ginnie Mae took similar action this week against Nations Lending, according to NewDay ... read more

ValuAmerica Integrates with FHA’s Electronic Appraisal Delivery Portal

National title agency, appraisal management company (AMC) and technology provider ValuAmerica announced that it is now integrated with the Federal Housing Administration (FHA)’s Electronic Appraisal ... read more

Construction, Broker, and Recruiting Products; Pricing and Lock Policy Changes

Effective with loans locked on/after May 21, 2018, Mortgage ... those following the Ginnie saga, GNMA IIs provided a major boost to sentiment following late Friday's GNMA press release that VA ... read more

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