Priority Financial still wants a Ginnie eagle and believes it has the financial wherewithal to make grade. “We want to resubmit, but we’ve had no communication from them,” said CEO Mark Shenkman.

The problem: regulations differ from state to state, creating liability issues for lenders...

Things aren’t back to pre-crisis levels by any means. In 2006, quarterly non-agency MBS issuance averaged over $285 billion every three months. It will take a miracle to reach that level for all of 2021.

It was never entirely clear to conventional lenders why the LLPA was installed in the first place given the relatively low COVID-related forbearance readings on GSE loans.

Will Fannie and Freddie ride Ginnie's coattails and usher in higher capital standards as well?

The Collins attorneys weren’t willing to discuss their legal strategy, but indicated to Inside Mortgage Finance that they’re “moving forward on all fronts.”

Compared to a year ago, the GSE single-family servicing market grew a whopping 17.7%.

It’s no secret that nonbanks have been gaining market share at the expense of the depository goliaths over the past five years...

The $224 million MBS is stocked with 30-year mortgages underwritten based on debt-service coverage ratios.

As anticipated, Wells suffered from stiffer competition on the home front and saw its gain-on-sale margins get clipped. However, mortgage sales revenue was bolstered by Ginnie Mae buyout activity...