Industry Briefs Mar. 8, 2021

Ginnie Mae, Washington, D.C., said mortgage-backed securities issuance volume fell in February to $76.92 billion, down from the record $82.6 billion issued in January.

Industry Briefs Feb. 25, 2021

Finicity, Salt Lake City, announced its one-touch Mortgage Verification Service, enabling lenders to allow consumers to permission data so lenders can verify assets, income and employment in a single interaction. The verification is accepted by both Freddie Mac and Fannie Mae.

MBA: Loans in Forbearance Fall to 5.35%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 3 basis points to 5.35% of servicers’ portfolio volume as of Jan. 31 compared to 5.38% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.

MBA: Share of Loans in Forbearance Unchanged at 5.38%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance remained unchanged at 5.38% of servicers’ portfolio volume as of January 24. MBA estimates 2.7 million homeowners are in forbearance plans.

Ginnie Mae Issues 1st MBS backed by Digital Pools

Ginnie Mae reached a milestone in its Digital Collateral Program this month with issuance of the first mortgage-backed security backed by Digital Pools, consisting entirely and exclusively of eNotes.

MBA: Share of Mortgage Loans in Forbearance Increases Slightly to 5.38%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance increased slightly to 5.38% of servicers’ portfolio volume as of Jan. 17 from 5.38% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.

MBA: Share of Mortgage Loans in Forbearance Decreases to 5.37%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance fell to 5.37% of servicers’ portfolio volume as of Jan. 10, compared to 5.46% the previous week. MBA estimates 2.7 million homeowners are in forbearance plans.

MBA: Share of Loans in Forbearance Drops to 5.46%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased to 5.46% of servicers’ portfolio volume as of Jan. 3 compared to 5.46% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.

MBA: Share of Loans in Forbearance Drops to 5.46%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased to 5.46% of servicers’ portfolio volume as of Jan. 3 compared to 5.46% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.

Industry Briefs Jan. 12, 2021

Verus Commercial Real Estate Finance, New York, launched a new product for financing of Single-Family Home Rental Portfolios.