The tools, which help automate access to Fannie data, had been housed on The Exchange platform. They will continue to be available, but via the enterprise's Developer Portal.
Another bank is poised to depart as a Ginnie servicer, this time in the multifamily sector. Say goodbye to Midland States, which is off-loading $2.3 billion in Ginnie MF MSRs.
Analysts expect SoFi’s first consumer loan securitization of 2022 to perform “very well” from a credit quality perspective. The ABS is stocked with collateral seasoned for a longer than usual period.