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Volume 2011 - Number 24

December 2, 2011

Downloads Available: GSE Involvement in the Non-Prime Market - 3Q11


Fannie Focusing on Special Servicing Transfers

Fannie Mae recently started to transfer “higher-risk” mortgages to special servicers in an effort to improve performance, typically on non-prime loans. In its earnings filing for the third quarter of 2011, Fannie said it is “transferring servicing on loan populations that include loans with higher-risk characteristics to special servicers with whom we have worked to develop high-touch protocols.” The protocols include ... [Includes one data chart]

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