Small Portfolio of Agency MSRs Being Auctioned
A small portfolio of mortgage servicing rights on loans backed by the housing finance agencies has just hit the market. The loans have a Florida concentration.
Small Fannie MSR Portfolio On Market
A small portfolio of mortgage servicing rights on government-sponsored enterprise loans with a Golden State concentration is being marketed for sale.
Freddie's New Business Dips, Delinquency Holds
Secondary lending volume slipped last month at the Federal Home Loan Mortgage Corp. as delinquency remained at a nearly decade low.
MSRs on Over $2 Bil in GSE Loans Being Auctioned
Bids are being taken for mortgage servicing rights on more than $2 billion in loans with a Golden State concentration that are backed or owned by the government-sponsored enterprises.
Freddie Expands Reps and Warranty Relief
The Federal Home Loan Mortgage Corp. has expanded the pool of loans that are eligible for its collateral representation and warranty relief.
Fannie, Freddie Refinances Sink to 13-Month Low
Monthly refinances of government-sponsored enterprise single-family mortgages plummeted to the lowest volume in more than a year.
Genworth Relaxes M.I. Guidelines
Among other things, Genworth Mortgage Insurance has loosened loan-to-value ratios and jumbo guidelines on some programs.
FHFA Director Won't Let GSEs Run Out of Capital
The regulator and conservator of Fannie Mae and Freddie Mac is warning that the agency will not allow the pair of companies to run out of capital.
Over $3.6 Billion in GSE Loans For Sale
More than $3.6 billion in government-sponsored enterprise mortgages are being auctioned off. The loans are non-performing and re-performing.
Fannie's Quarterly Earnings Sink From Prior Period
As taxpayer returns from the Federal National Mortgage Association have reached nearly $47 billion, there was a significant decline in quarterly earnings.