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Ginnie Mae Plans Broad Improvements to Pool Disclosures to Benefit Market Players

February 2, 2018
Ginnie Mae is planning to make enhancements to its disclosure offerings in 2018 and 2019 to benefit MBS issuers and investors.
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Walter’s $5 Million CEO Tony Renzi to Depart. No Successor Named

February 2, 2018
Among residential servicers, Ditech ranked 11th at yearend, according to figures compiled by Inside Mortgage Finance.
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GSE Credit-Risk Transfers Slowed Significantly in 4Q17

February 2, 2018
John Bancroft
Fannie and Freddie issued just $2.01 billion of structured credit notes during the fourth quarter, a sharp 44.5 percent drop from the previous period…
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NAR Wants FHFA to Reduce G-Fees, LLPAs

February 2, 2018
Paul Muolo
The NAR request comes at a time of rising interest rates…
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Ginnie Issues Warning to Servicers, Some Could be Terminated for High Delinquencies

February 2, 2018
John Bancroft
New agency guidance makes clear that issuers are expected to make an ongoing investment in servicing capability…
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CFPB Consolidates and Restructures Fair Lending Enforcement Apparatus

February 2, 2018
Paul Muolo
CFPB Senior Advisor John Czwartacki said: “The bureau’s statutory mandate includes the supervision and enforcement of fair lending laws and regulations … the bureau will continue to perform those functions.”
Read More

Walter’s $5 Million CEO Tony Renzi to Depart. No Successor Named

February 2, 2018
Paul Muolo
Among servicers, Ditech ranked 11th at Dec. 31, according to figures compiled by Inside Mortgage Finance.
Read More

What We’re Hearing: Interest Rate Armageddon? / Sucking Pond Water? / Tony Renzi’s February Surprise / A Raise for Ginnie Mae Staffers / Investors Unite Weighs in on the Corker Bill (Not Happy) / Mnuchin’s GSE Plan

February 2, 2018
Paul Muolo
Investors Unite is not happy...
Read More

Retail Loans Less-Risky in Agency Market

February 2, 2018
Retail mortgage-origination platforms tend to generate lower-risk mortgages than other channels, according to a new Inside Mortgage Trends analysis of home loans delivered into Fannie Mae, Freddie Mac and Ginnie Mae mortgage-backed securities.
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Nonbanks Reach Another MSR Milestone: A 43 Percent Market Share Among the Top 50

February 1, 2018
John Bancroft
The $3.42 trillion of servicing held by nonbanks was up 20.7 percent from December 2016…
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