Bulk transfers of Fannie and Freddie servicing rights increased significantly from the fourth quarter, but the Ginnie market was dead. New bulk buyers topped the ranking. (Includes three data charts.) Read More
Fannie Mae, Freddie Mac and Ginnie Mae reported sharp declines in all delinquency categories during the first quarter of 2021, when loan performance typically improves. Read More
The Mortgage Bankers Association said updating state licensing laws to reflect the evolution in work location wouldn’t weaken state laws and rules necessary to protect borrowers. Read More
The Mortgage Bankers Association will resume in-person conferences this fall for the first time since the novel coronavirus hit the U.S. in March of last year. Read More
Leading the improvement pack: the Ginnie Mae category, where the reading dropped a whopping 45 basis points to 6.33% of outstandings for the week ending April 4. Read More
Mortgage companies, which are swimming in cash these days, have made more than $700 million in charitable donations recently. The biggest donors so far: Movement Mortgage and Rocket Companies. Read More