Secondary Market

New updated minimum financial eligibility requirements for GSE seller/servicers and Ginnie Mae issuers will ensure that the nation’s housing finance system remains safe and sound, and that sustainable mortgage credit remains available for all qualified borrowers.

Cenlar FSB announced that Dave Applegate has been appointed Chairman of the Board of Directors. In addition, Executive VP and Chief Operating Officer Robert “Rob” Lux has been named co-CEO along with D. James “Jim” Daras, who will also serve ...

Buyers in the MSR market are finding great deals at this time, but these rewards may come with great risk as Allen Price of BSI Financial Services explains.

The past 24-plus months have confronted the mortgage and servicing industries with challenges both daunting and immediate. DS News polled a cross-section of industry experts on what they’ve learned and where we go from here.

With the GSE closing on these latest deals, Fannie Mae has acquired approximately $21 billion of insurance coverage on $709 billion of single-family loans through its CIRT program to date.

Tapped by the Biden Administration as Acting Director nearly a year ago to the day, Sandra L. Thompson assumes responsibility for oversight of the $7.5 trillion mortgage finance market in an Agency ceremony.

May’s MBS issuance total brings Ginnie Mae’s MBS program balance to $2.216 trillion, the highest in the agency’s history.

Program augmentations will bring efficiency to the mortgage process, and improve access for borrowers who are not well served by the traditional lending approach.

Introduction of new Final Rule will introduce public disclosure requirements to the Enterprise Regulatory Capital Framework, and foster risk management practices.

April issuance adds more than $19 billion to Ginnie Mae’s overall portfolio, on pace to cross the $2.2 trillion mark in May.