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Short Takes: Shifting to a Purchase Market / FHA Small-Dollar Mortgage Bill Moving Through Congress / Mixed Forbearance Numbers / New Non-Agency Mortgage Conduit

April 23, 2021
Brandon Ivey
A rise in purchase-mortgage lending this year won't offset deflated refi volume ...
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Plush with Stunning Profits, Mortgage Firms Boost Donations

April 23, 2021
Lisa Burden

Lenders both large and small are giving back to their communities. Credit the refi boom of 2020?


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For Sale: A Rare Ginnie Package. More MSRs to Come?

April 23, 2021
Paul Muolo

A thaw is in the air when it comes to auctioning off Ginnie Mae servicing rights...


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SFA Drafts Reporting Standards for Non-Agency MBS Servicers

April 22, 2021
Brandon Ivey

The voluntary standards are in response to complaints from non-agency MBS investors regarding disclosure of loan performance amid the pandemic.


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State Regulators Scaling Back Proposed Standards for Large Nonbank Servicers

April 21, 2021
Brandon Ivey

CSBS plans to reduce the subjectivity in standards for large nonbank servicers or potentially drop the standards altogether.


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Agency Delinquency Rates Decline Sharply in 1Q21

April 20, 2021
John Bancroft

The combined overall delinquency rate for Fannie and Freddie dropped to 2.57% at the end of March...


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Ginnie Servicer Buyouts for Loss Mitigation/Foreclosure Jump 58% in 1Q21

April 20, 2021
John Bancroft

The game is on: Ginnie Mae buyouts for loss mitigation/foreclosure purposes spiked in 1Q21 to $9.7 billion...


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CFPB: Tenants Must Be Provided with Written Notice of Rights Under Eviction Moratorium

April 20, 2021
Lisa Burden

The rule “puts some real teeth behind the CDC’s COVID eviction moratorium,” according to Adam Levitin, a Georgetown Law School professor. He added that “some jurisdictions seem to be taking the CDC moratorium as merely advisory, rather than as binding law.”


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Fannie/Freddie Flow MSRs Up for Grabs

April 19, 2021
Paul Muolo

More flow auctions are hitting the market...


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MSR Transfer Market Off to Puzzling Start in 1Q21

April 19, 2021
John Bancroft

Amazingly, there were no bulk transfers of Ginnie MSRs. None.


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