The supply of Freddie Mac single-family mortgage servicing rights grew at more than twice the rate of increase in Fannie Mae product during 2018, according to a new Inside the GSEs analysis and ranking. [Includes two data charts.]
Fannie Mae has revised the maximum number of allowable days for routine foreclosure proceedings in 20 jurisdictions. For servicers in 16 states plus New York City, the number of days has been increased, while in three states the permitted time frame has been decreased.