Ginnie Mae Issues $63.81B in MBS
Ginnie Mae has hit an all-time record in MBS issuance. Here's how many homeowners these securities provide financing for. The post Ginnie Mae Issues $63.81B in MBS appeared first on [...]
130M Americans Receive Coronavirus Relief Payments
The U.S. Department of the Treasury announced it has sent out more than $218 billion in less than five weeks, while the Department of Housing and Urban Development committed another [...]
National Flood Insurance Program Transition in Flux
FEMA and state legislators across the country are pushing for private flood insurers to get more involved in the marketplace in order to supplement the coverage the NFIP can provide. [...]
REO Sales Moving Online
With more distressed sales impacted by foreclosure moratoriums and forbearances due to the COVID-19 pandemic, buyers are going digital at an accelerated rate. The post REO Sales Moving Online appeared [...]
Servicer Response and Reaction to Natural Disasters
IMPACT 20/20 will include critical conversations on response, reaction, and assistance to ensure the industry is ready to lend the proper support the next time a natural disaster strikes. The [...]
The Week Ahead: The Virtual LL100 Servicer Summit
Also in the Week Ahead, get the latest from industry experts in DS5: Inside the Industry. The post The Week Ahead: The Virtual LL100 Servicer Summit appeared first on DSNews. [...]
Freddie Mac Transfers Risk on $140.7B in Mortgages
Since the first CRT transaction in 2013, Freddie Mac’s Single-Family CRT program has cumulatively transferred a portion of the credit risk on $1.6 trillion in mortgages. The post Freddie Mac [...]
7.7% of Mortgage Now in Forbearance
The loans in forbearance account for $890 billion in unpaid principal and includes 6.4% of all GSE-backed loans and 11% of all FHA/VA loans. The post 7.7% of Mortgage Now [...]
Mortgage Industry Shifting Its Standards
Tightening mortgage standards are due in part to Fannie Mae and Freddie Mac agreeing to buy loans in forbearance. The post Mortgage Industry Shifting Its Standards appeared first on DSNews. [...]