FINRA will implement margin requirements for trading of wide swaths of GSE MBS, including TBA transactions, specified pools transactions and collateralized mortgage obligations.
The Underserved Mortgage Markets Coalition has put together a list of actions the GSEs can take to meet their obligations under FHFA’s duty-to-serve program.
Few states have laws defining an “abandoned property,” leaving servicers with local ordinances and case law as their guides in many foreclosure procedures.
Once a “flexibility” intended to help lenders deal with the pandemic, the desktop appraisal is about to become a permanent fixture of Freddie’s Loan Advisor and Fannie’s Desktop Underwriter.