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Magazine Issue Year 2019

Digital Edition

March 2019

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Magazine Issue Year 2019

TRENDING

Servicing

As mortgages in forbearance decline overall, one exception persists

The percentage of borrowers who have asked to temporarily suspend payments due to coronavirus-related hardships is down overall, but in the Ginnie Mae market, they're still inching up.

By Bonnie Sinnock

September 21
M&A

Former Citi CEO Pandit to buy majority stake in title insurer Westcor

Westcor has been gaining market share, growing to 5.9% of premiums written in 2Q 2020, versus 3.4% in the first quarter of 2019.

By Brad Finkelstein

September 21
LIBOR

Ginnie Mae to bar Libor-based loans from pools

The restrictions on the pooling of loans with any interest term based on Libor will be effective for traditional mortgage-backed securities issued starting Jan. 21, 2021, and earlier for reverse-mortgage securitizations.

By Bonnie Sinnock

September 21