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August 14, 2014

Sources: PHH Selling $3.8 Billion in Ginnie MSRs, IMA Out With a New Deal Too

By Paul Muolo

One bidder who has looked at the Ginnie MSR package from PHH described it as “seasoned with some delinquencies in it.”

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Poll

With originations expected to drop in 2018, will your shop turn to non-QM/non-prime mortgage products as a way to bolster volumes?

Yes, definitely. We’re planning a launch.

33%

No. It’s still difficult compliance/regulatory-wise.

20%

Maybe. It’s under consideration.

33%

Not now. But things could change as 2018 progresses.

13%