Sam Valverde to resign from Ginnie Mae

Sam Valverde, currently serving as the acting president of Ginnie Mae, is resigning from his position…

MMI Fund capital reserve is now 5X larger than required

The U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Administration (FHA) reported…

HUD to double servicer fee on assumable mortgages

The U.S. Department of Housing and Urban Development (HUD) announced on Monday morning an extension to…