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This product, available throughout all of the company's channels, is characterized by interest-only payments over the first 10 years of the term.
September 2 -
Even though a Compass Point report states the pair have validated the credit scoring model and could implement it in the first quarter of 2023, interested parties would not verify it.
September 2 -
A mix of new distress and declining cures drove the uptick, according to dv01.
September 1 -
The numbers show that volume has been strong despite volatility in the market that at one point delayed a CRT deal from competitor Fannie Mae.
August 31 -
The government mortgage-bond insurer's technology initiative has made "huge strides" since June, when it relaunched with new flexibilities, President Alanna McCargo said.
August 29 -
In a letter addressed to the heads of the agency and of Ginnie Mae, the association asked them to consider recommendations made by a former government housing policy leader.
August 26 -
Updated counterparty requirements recently coordinated with the Federal Housing Finance Agency affect a constituency that has kept growing, albeit at a slightly slower pace, according to new mortgage-backed securities research.
August 23 -
Some housing numbers have been weaker than expected because affordability remains relatively low, outweighing slightly higher refinancing that has an upside for lenders but a potential downside for servicers.
August 22 -
Automating rent-based underwriting for single-family loans and offering incentives for multifamily borrowers who accept housing vouchers are just two ways Fannie Mae and Freddie Mac are tackling the challenge of equitable housing.
August 22 -
New capital standards the government bond insurer added were lower than the ones in previously proposed rules that had riled lenders and servicers.
August 17