Portfolio Risk Management: Repurchase Risk for Non-QM Mortgages

In the wake of the 2008 global financial crisis, many risk managers in the mortgage issuance industry were caught flat-footed with representations and warranties exposure, also commonly known as repurchase exposure.

MBA, Trade Groups Urge Congress to Ban GSE G-Fee Offsets

The Mortgage Bankers Association and nearly three dozen other industry trade groups, in a Mar. 6 letter to House and Senate leadership, urged Congress to continue to prevent use of Fannie Mae and Freddie Mac guarantee fees as a source of funding offsets.

Industry Briefs

Snapdocs Inc., San Francisco, announced an integration that makes its digital closing platform available through the Ellie Mae Digital Lending Platform.

Industry Briefs

Snapdocs Inc., San Francisco, announced an integration that makes its digital closing platform available through the Ellie Mae Digital Lending Platform.

Industry Briefs

OptifiNow, Buena Vista, Calif., announced Sun West Mortgage Co. launched its cloud-based CRM and marketing automation platform for wholesale, distributed retail and its Home Buyer Connect mortgage lending channels.

Industry Briefs

OptifiNow, Buena Vista, Calif., announced Sun West Mortgage Co. launched its cloud-based CRM and marketing automation platform for wholesale, distributed retail and its Home Buyer Connect mortgage lending channels.