FHFA Releases 2022 Scorecard for GSEs, CSS

The Federal Housing Finance Agency on Wednesday released its 2022 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions LLC.

FHFA Releases 2022 Scorecard for GSEs, CSS

The Federal Housing Finance Agency on Wednesday released its 2022 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions LLC.

Rick Triola of NotaryCam: Worried About RON Storage? Stream It

Both Fannie Mae and Freddie Mac have updated their selling guides to state that lenders must retain the audio-video recording of the RON transaction for the greater of either (a) the minimum period required by the state in which the notary is licensed or (b) 10 years. This guideline has left a lot of lenders wondering just how to store all that audio-video footage…and spurred a new crop of vendors ready to meet this “need.”

Timothy Raty of Mortgage Cadence: USDA and the GSEs’ New Uniform Security Instruments

While Rural Development’s requirements lack details specific to the content of the security instruments used, they do have plenty of other requirements regarding the servicing of a loan which may not be completely compatible with the covenants within the SIs. The following summarizes the types of conflicts, additional requirements and near conflicts that may exist

Industry Briefs Nov. 5, 2021: Pretium Acquires Anchor Loans

Pretium, New York, a specialized investment management firm with $30 billion in assets, acquired Anchor Loans LP, a provider of financing to residential real estate investors and entrepreneurs

Timothy Raty of Mortgage Cadence: USDA and the GSEs’ New Uniform Security Instruments

While Rural Development’s requirements lack details specific to the content of the security instruments used, they do have plenty of other requirements regarding the servicing of a loan which may not be completely compatible with the covenants within the SIs. The following summarizes the types of conflicts, additional requirements and near conflicts that may exist

Timothy Raty of Mortgage Cadence: USDA and the GSEs’ New Uniform Security Instruments

While Rural Development’s requirements lack details specific to the content of the security instruments used, they do have plenty of other requirements regarding the servicing of a loan which may not be completely compatible with the covenants within the SIs. The following summarizes the types of conflicts, additional requirements and near conflicts that may exist

MBA Offers Recommendations on FHFA GSE Equitable Housing Finance Plans

The Mortgage Bankers Association this week sent a letter to the Federal Housing Finance Agency, offering recommendation to improve Fannie Mae and Freddie Mac’s efforts to address long-standing challenges related to housing equity and the racial homeownership gap.

MBA Offers Recommendations on FHFA GSE Equitable Housing Finance Plans

The Mortgage Bankers Association this week sent a letter to the Federal Housing Finance Agency, offering recommendation to improve Fannie Mae and Freddie Mac’s efforts to address long-standing challenges related to housing equity and the racial homeownership gap.