What Controversy? Ginnie Chief Weighs In on Proposed Capital Rules September 21, 2022 Monica Hogan Among the FAQs: Why isn't short-term unsecured debt eligible?Read More
McCargo In One-on-One Talks With Issuers Over Eligibility Standards September 19, 2022 Monica Hogan The Ginnie Mae chief said “the majority” of its issuers would already be in compliance...Read More
MSR Values Drift Down From Their Highs. The Ginnie Factor? September 19, 2022 Paul Muolo MIAC's Mike Carnes: MSRs remain an attractive asset to own, generating a nice return...Read More
Credit Suisse Unit Agrees to Purchase Assets of Subservicer Rushmore September 19, 2022 Paul Muolo At midyear, Rushmore was performing subservicing chores on roughly $45.0 billion of residential loans...Read More
Phoenix Selling $7.4 Billion of MSRs for Utah-Based Lender September 16, 2022 Paul Muolo Still a good time to sell servicing rights? It depends on your price expectations...Read More
Wells' Game Plan in Home Mortgages: Consumer and Wealth Clients Mostly September 13, 2022 Brandon Ivey Servicing? Wells doesn't see much of a priority there as well...Read More
Ocwen Says Company Not in Compliance with GNMA RBC, May Exit the Space September 12, 2022 Paul Muolo Ocwen is contemplating its options, including leaving the Ginnie Mae arena...Read More
Depositories Experience a Sharp Decline in Mortgage Banking Income September 12, 2022 Brandon Ivey Income trends on mortgages varied widely at individual banks.Read More
Down Sharply: Ginnie Mae Buyout Activity September 7, 2022 Monica Hogan The top three Ginnie Mae servicers ranked by loan removals: Freedom Mortgage, Lakeview, PennyMac Financial Services...Read More
Mixed Signals on Non-QM Impairments September 6, 2022 Brandon Ivey The impairment rate measures delinquent mortgages and modified loans...Read More
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