Nothing like a good trade war to drive down MBS values and cause interest rates to rise. Yes, some mortgage investors are nervous. Overblown? We’ll find out.
HECM loan issuers are uncertain of the timeline for Ginnie to implement HMBS 2.0 amid agency-wide staffing cuts, but are confident it retained some degree of primacy on the agency’s to-do list.
The nearly 800 lease terminations announced by the General Services Administration in the past 30 days have been linked to 64 commercial MBS. And some terminations have been reinstated.
Following a court ruling last week, the CFPB and HUD reinstated hundreds of probationary employees fired by the Trump administration. However, the employees were immediately placed on administrative leave.
Three former CEOs of the GSEs this week debated the impact of federal conservatorship, what steps must be taken to safely end the oversight and what the GSEs should look like afterwards.
A few months back, Marlin Mortgage parted ways with COO Steve Stone. Now, describing himself as a whistleblower, Stone is suing the MSR owner, accusing the firm of a host of questionable moves.