Private mortgage insurers lost market share in the agency purchase market during the last quarter of 2021, while FHA production shifted toward riskier business.
States have begun taking applications for homeowner assistance programs funded by the Treasury Department and designed to prevent foreclosures stemming from the pandemic.
The Congressional Budget Office looked at how an increase in nonbank issuers and a higher volume of VA loans might put Ginnie Mae’s MBS program at risk.
Some of Cenlar’s subservicing clients are eyeing a switch. But when it comes to securities holders whose assets are being serviced by the vendor, so far, there isn’t much to worry about.