FHA proposes partial claim model that drops subordinate liens
The Federal Housing Administration (FHA) is proposing a new structure, called Reinstatement Advance Payment (RAP), that would change how servicers document and service partial claims and payment supplements. Under the draft, attributed to Joseph M. Gormley, who is performing the delegable duties of
Headwinds, Cont'd
Headwinds, Cont'd "Headwinds, Cont'd" could be apply to the entirety of 2022-2026 or just March-July of 2026. But let's just focus on today's installment. For the second day this week, there wasn't any stellar correlation between bonds and other markets, econ data, or news headlines. Still, we would
Rates Match Longer-Term High For The 3rd Time in 2026
In late July, 2025, 30yr fixed rates embarked on an excellent adventure, moving down from 6.75% on July 31st to 5.99% by late February, 2026. Since then, things haven't been great thanks to war-related fuel price drama and stronger econ data (the supreme court ruling on tariffs didn't help either, b
Pamela Heman
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