Ginnie Mae will meet with nine of its top nonbank issuers to discuss counter-party risk and how they plan to address capital and liquidity issues as part of its continuing surveillance of nonbanks’ financial health.

Low interest rates are holding back buyers of MSRs but don’t tell that to New Residential Investment Corp. The REIT keeps acquiring bulk servicing portfolios.

Nonbanks might need to come up with additional cash to hold against their MSR positions if the FHFA gets its way. A game changer? Probably not.

The agency has picked Houlihan Lokey Capital to help it identify any financial, regulatory or market risks in its path to take Fannie Mae and Freddie Mac out of conservatorship.

Director Mark Calabria believes the revised structure and new hires will ensure FHFA continues to protect taxpayers from future bailouts and delivers on its obligation to create a competitive, liquid, efficient and resilient housing-finance market.

With mortgage performance expected to remain steady, servicers are focusing on a number of other issues, including the transition away from LIBOR and an increase in natural disasters.

A tale of two MIs: Genworth and MGIC. Also: Mortgage monitoring in Puerto Rico.

Mortgage lenders were happily writing as many loans as possible during the second half of 2019. But not surprisingly, closing times increased.

Unlike previous models, the FICO Score 10 will consider account balances and missed payments over a 24-month period. It will flag borrowers who have consolidated credit card debt into riskier personal loans.

The bureau has tightened the use of “abusive” practices under its sweeping authority to prohibit unfair, deceptive or abusive acts or practices. Industry watchers believe the impact of the new policy might be limited.