The HUD IG said it will provide a broader accounting of the issue when it publishes a formal report.

The FHFA has enormous sway over the CSS because of its role as regulator and conservator of Fannie and Freddie. However, once (if) the two are recapped and released, that won’t necessarily be the case…

Okay, but what’s a fintech?

“The NYDFS has taken cyber security to a whole new level," said one lender. "They are hammering everyone about the risk and heavy enforcement in examinations.” 

Some of the provisions in Ginnie's proposed Digital Collateral Guide have the potential to create unnecessary strains on issuers, according to the MBA.

After all, who wants to invest in a shrinking (GSE) business? Something to think about…

Figure’s co-founder and CEO is Mike Cagney. If the name sounds familiar, it should. Cagney formed SoFi earlier in the decade...

CSS is the platform created by the GSEs to develop the uniform MBS, the common security now used by the two mortgage giants...

Citadel Servicing Corp. ranks among the top 10 originators of non-QMs but to date, the privately held firm has never issued its own MBS...