Selling servicing rights, Ginnie Mae or otherwise, is no easy task these days, given the financial damage caused by the pandemic. However, green shoots may be emerging.
FHA is extending its foreclosure and eviction moratorium for single-family properties through June 30. Temporary policy flexibilities for lenders and appraisers also have been extended.
The Mortgage Bankers Association has asked FHA to clarify whether those who opt for the emergency partial claim will be disqualified for a HAMP modification in the next 24 months.
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