FHA, VA News Impacting Lenders; Vendor Tools

February 2, 2022

Mortgage News Daily, Feb. 1 2022–Rob Chrisman (subscription)
Hundreds of billions of servicing are being bought and sold out there. With Freddie & Fannie servicing trading at 5:1 (mid 3’s for Ginnie servicing), given current rates versus where servicing portfolios are, servicers are tapping into this source of capital instead of letting it sit on their balance sheet.
https://www.mortgagenewsdaily.com/opinion/pipelinepress-02012022