MISMO®, the real estate finance industry standards organization, seeks public comment on a standardized template to facilitate the bidding process for mortgage-backed securities between mortgage originators and dealers for Bids Wanted in Competition (BWIC).
Category: News and Trends
Black Knight: Foreclosure Starts Pull Back; Delinquencies Edge Higher
Black Knight, Jacksonville, Fla., said foreclosure starts fell in July and remain well below pre-pandemic levels, while early-stage delinquencies edged up.
CMBS Special Servicing, Delinquency Rates Dip
Commercial mortgage-backed securities special servicing and delinquency rates both dipped in July, according to Trepp LLC and Fitch Ratings.
FHFA to Establish Federal Advisory Committee on Affordable, Equitable, Sustainable Housing
The Federal Housing Finance Agency on Tuesday announced its intent to establish a Federal Advisory Committee on Affordable, Equitable and Sustainable Housing.
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“Housing supply and housing affordability are top of mind right now, and they remain difficult for the typical government borrower. It’s very difficult for first-time home buyers—and we serve 80 percent of the first-time buyer market. We used to be able to say that this was a ‘California thing,’ but the problem is everywhere.”
–Ginnie Mae President Alanna McCargo.
MBA Risk Management, QA and Fraud Prevention Forum in Nashville Sept. 11-13
The Mortgage Bankers Association’s annual Risk Management, QA and Fraud Prevention Forum takes place Sept. 11-13 at the Grand Hyatt Nashville.
Rise in Foreclosures Sparks Uptick in ‘Zombie’ Properties
ATTOM, Irvine, Calif., said pre-foreclosure properties sitting vacant—“zombie properties”—increased by nearly 2 percent in the third quarter and by more than 2 percent from a year ago.
FHFA, Ginnie Mae Update Capital, Liquidity, Net Worth Requirements for Seller/Servicers, Issuers
The Federal Housing Finance Agency and Ginnie Mae on Wednesday updated minimum financial eligibility requirements for seller/servicers and issuers.
FHFA Proposes 2023-2024 Fannie Mae, Freddie Mac Multifamily Housing Goals
The Federal Housing Finance Agency on Tuesday proposed new benchmark levels for Fannie Mae and Freddie Mac multifamily housing goals in 2023 and 2024.
MBA Risk Management, QA and Fraud Prevention Forum in Nashville Sept. 11-13
The Mortgage Bankers Association’s annual Risk Management, QA and Fraud Prevention Forum takes place Sept. 11-13 at the Grand Hyatt Nashville.