June 26, 2020By Paul MuoloCOVID-19 Infection at BNYM Delays Ginnie Custodial TransfersBNY Mellon told MBS participants that deals will be delayed because of a COVID-19 infection in its Dallas office.
June 26, 2020By John BancroftSignificant Number of Loans in Forbearance Still PayingRoughly 10% of loans backing Ginnie Mae MBS at the end of May were in forbearance because of the COVID-19 pandemic, but over a quarter of them were still current. (Includes data chart.)
June 26, 2020By Maria VolkovaFHA Issues Quality Control Waivers During PandemicQuality control requirements for early payment defaults and field reviews of appraisals have been temporarily waived.