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HUD to double servicer fee on assumable mortgages - HousingWire
HousingWire· 4 days agoThe U.S. Department of Housing and Urban Development (HUD) announced on Monday morning an extension...
Advantage Solutions Inc. (ADV) Shares Decline Despite Market Challenges – News Heater
NewsHeater· 15 hours agoMBS can be backed by both residential and commercial real estate mortgages that are issued either by a housing agency – Fannie Mae (FNMA), Freddie Mac (FHLMC), or Ginnie & ...
Do you know who owns your mortgage?
Las Cruces Sun-News via Yahoo Finance· 4 days agoIn turn, the MMB sold the loan to the General National Mortgage Association (Ginnie Mae). Until the mortgage was paid off, I continued to make my monthly...
Former FHFA exec Jason Cave says FSOC report is a ‘tall order’ for states - HousingWire
HousingWire· 5 days agoAccording to Cave, the report shows that FSOC has learned from past experiences that the better approach is ”to work with the current structure” to fix the regulatory framework that could pose ...
Crypto shocker
Politico· 1 day agoBright is the former acting president of Ginnie Mae and an ex-GOP Senate aide.
FSOC releases report on nonbank mortgage servicing | JD Supra
JD Supra· 3 days agoThe report discussed the sector’s significant market share, strengths and vulnerabilities particularly in financial stress scenarios. The FSOC emphasized the potential for these vulnerabilities ...
The Federal Government Should Not Subsidize Second Mortgages
Forbes· 3 days agoLast week, I submitted a very brief comment letter on the Biden administration’s proposal to allow...
New York Fed reports on community development financial institutions | JD Supra
JD Supra· 3 days agoOn May 8, the New York Fed released a report examining both the origination and sale of loans by community development financial institutions (CDFIs) and found that loans of both types more ...
MBA Survey: Share of Mortgage Loans in Forbearance Remains at 0.22% in April
Calculated Risk· 4 days agoAccording to MBA’s estimate, 110,000 homeowners are in forbearance plans. Mortgage servicers have provided forbearance to approximately 8.1 million borrowers since March 2020. In April 2024, ...
