Fannie seller/servicers must now have information security programs that meet NIST or ISO standards.

After suddenly stepping down as CEO of the Federal Home Loan Bank of San Francisco, the former Ginnie president showed up in Washington to tout the benefits of the home loan bank system.

Freddie executes the first of what are expected to be two to three tender offers this year for STACRs that no longer serve an economic purpose.

Retaining servicing rights on production can provide originators a profit opportunity, if they are able to manage the business effectively.

Homebuyers appear to have become a little less honest in their loan applications. Lender beware!

Servicers said they believe the industry can do a better job of educating homeowners of natural disaster risks to their homes.

Some 17.2% of homeowners with mortgages had an interest rate greater than or equal to 6% at the end of the third quarter of 2024, compared to 12.3% in the third quarter of 2023.

Servicing executives said enhanced data have helped homeowners avoid foreclosure and kept overall losses down for investors.

PennyMac Financial Services upsizes debt offering by $200 million; Freedom Mortgage is set to issue $500 million of senior unsecured notes; Beeline Labs raises capital for MagicBlocks; Rocktop Technologies and One Diligence launch an AI-enabled natural disaster risk evaluation solution; Usherpa launches a new workflow management tool.

Rates were up across all default categories in the fourth quarter of 2024.