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Home » Topics » IMFnews » Secondary/MBS

Secondary/MBS
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Fed Chairman Weighs In on MBS Servicers, Says Central Bank is ‘Closely’ Watching the Situation

April 9, 2020
Paul Muolo

But will the central bank act decisively? “Powell’s remarks were encouraging,” one veteran industry lobbyist noted.


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Until the Pandemic Hit, 2020 Was Shaping Up to be a Banner Year for MBS Issuance

April 9, 2020
John Bancroft

Among the top five agency MBS issuers in the first quarter, three were nonbanks: Quicken, PennyMac and UWM, according to exclusive figures from Inside Mortgage Finance...


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Financing Issues Mount for Angelo, Gordon's REIT

April 9, 2020
Brandon Ivey

Some of AG Mortgage Investment Trust's lenders are willing to enter forbearance agreements with the REIT...


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Jumbo Correspondent Buyers: Who's In, Who's Out?

April 8, 2020
Brandon Ivey

Among the two largest firms that originate jumbo mortgages through correspondents, Chase is still active while Wells Fargo is on hiatus...


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Ginnie Mae Approves Private Market Servicer Liquidity Facility. PennyMac First Up

April 7, 2020
Paul Muolo

Specifically, Ginnie is permitting a note structure, which allows for the securitization of servicing cash flows through a trust.


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FHFA: Fannie and Freddie Won’t be Financing MBS Servicers Anytime Soon; Industry Not Happy

April 7, 2020
Dennis Hollier and Paul Muolo

FHFA's stance has mortgage bankers perplexed, to say the least...


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A Major Spike in Pandemic-Related Forbearance Requests. Ginnie Mae Especially Hard Hit

April 7, 2020
Paul Muolo

MBA said its survey covers 22.4 million loans serviced…


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Velocity Raising $45 Million Via Stock Sale to Address Funding Issues

April 7, 2020
Brandon Ivey

Since going public earlier in the year, Velocity Financial's share price has cratered...


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Servicers Will Have to Cough Up $22B to MBS Investors. Reason: Missed Mortgage Payments

April 7, 2020
Paul Muolo

The six-month tally would be at least $45 billion. The calculations from the research firm take into account prepayment cash flows buffering principal and interest advance requirements.


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Ginnie MBS Issuance Slows in1Q20, but Heads North in March

April 6, 2020
John Bancroft

Refi volume was clearly gaining speed in March. On a combined basis, deliveries of FHA and VA refi loans grew 8.4% from February…


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