Among the top three Ginnie Mae servicers at March 31, just three were banks: Wells Fargo, U.S. Bank and JPMorgan Chase. Among those ranked 11 to 20 four are depositories, including one credit union...

According to Craig Knutson of mortgage REIT MFA, yields on non-qualified mortgages are currently around 5% while yields on fix-and-flip loans are around 7%. Which would you choose?

Apparently, the Consumer Financial Protection Bureau is busy pursuing fair lending supervision and enforcement cases. Stay tuned...

Issuers say they receive better execution on GSE-eligible investment-property loans in the non-agency market rather than delivering the collateral directly to Fannie and Freddie...

Tom Wipf of Morgan Stanley: "It’s time that all market participants transition their products away from U.S. dollar LIBOR where possible..."

Bank of America, the nation’s second largest jumbo producer, only uses the retail channel…

Ginnie, it seems, is looking for assurances from “capital providers,” whomever they may be…

The GSE patch is scheduled to end in January 2021...

In May, the top three Ginnie MBS issuers were PennyMac, Freedom Mortgage and United Wholesale Mortgage…