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Indiana senator explains his inquiries into reverse mortgages
29 Mar 2024 01:28 GMT
… that Ginnie Mae has described in maintaining a large portfolio of reverse mortgages … assumption of is reverse mortgage portfolio by Ginnie Mae were major influences toward … HECM loans at the time. I am seeking clarity about Ginnie Mae’s …
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Moody’s Investors Service affirms Dovenmuehle’s overall rating as an ‘above average’ residential mortgage loan servicer
27 Mar 2024 11:30 GMT
… a servicer of prime residential mortgage loans at SQ2-. Moody’s assessment … subservices portfolio loans and loans sold to Fannie Mae, Freddie Mac, Ginnie Mae and … -as-an-above-average-residential-mortgage-loan-servicer/
© 2024 Send2Press®, a …
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ICE: First-time Homebuyers Made Up 55% of Agency Purchase Loans in 2023 Despite Market Slowdown
27 Mar 2024 17:15 GMT
… ICE’s March 2024 Mortgage Monitor Report.
Additionally, … recent data on agency mortgage-backed security (MBS) … mortgages refer to loans backed by Fannie Mae, Freddie Mac and Ginnie Mae. “GSE” loans … refinances could rebound if mortgage rates move lower. ICE …
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Ginnie Mae seeks budget increase to manage sizable reverse mortgage portfolio
18 Mar 2024 23:00 GMT
… market conditions facing its counterparties, Ginnie Mae is proactively seeking to address … stabilize/sustain the reverse mortgage program.”
Additional budgetary resources will … emerging needs to stabilize reverse mortgage markets. These resources will also …
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SmartBuy DPA Now Available to The Mortgage Collaborative’s Lender Members
21 Mar 2024 11:17 GMT
… down payment assistance (DPA) loan programs designed to give homebuyers … construction loans, proprietary down payment assistance (DPA) program and reverse mortgage … division. Its direct relationships with Fannie Mae, Freddie Mac, Ginnie Mae …
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NM housing agency predicts increase in foreclosures on home loans it oversees
21 Mar 2024 10:09 GMT
… New Mexicans with subsidized loans are “already at the … with home loans overseen by the Mortgage Finance Authority … for affordable housing infrastructure loans.
Lloyd said lifting pandemic … Mac or Ginnie Mae, and the state Mortgage Finance Authority services …
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FDIC Offloads $10.5 Billion of SVB Loans That Hung Over Market
19 Mar 2024 00:02 GMT
… billion in face value of Ginnie Mae project loan securities, a type of … by apartment loans. The amount rivaled the volume of new Ginnie Mae securities …
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Ginnie Mae contends TCB can’t rely on alleged verbal promises in lawsuit
08 Mar 2024 22:39 GMT
… tied to the loan portfolio collateral of Reverse Mortgage Funding (RMF), Texas … that Ginnie Mae was within its rights to “extinguish RMF’s mortgage servicing … rights.” But TCB also claims that Ginnie Mae did …
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Data breach at Nations Direct Mortgage impacts 83,000 borrowers
18 Mar 2024 23:00 GMT
… Mortgage is a direct seller to Fannie Mae, Freddie Mac and Ginnie Mae … offers government mortgages, conventional mortgages and nonqualified mortgages (non- … cyberattacks across the mortgage industry.
Hackers … million clients at loanDepot in January. Executives …
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Congress passes spending bills to avoid shutdown, adds to Ginnie Mae budget
07 Mar 2024 22:09 GMT
… additional budget capacity to Ginnie Mae.
Colloquially called a “minibus … sizable portfolio of reverse mortgage-backed securities following the … the space in 2022.
Mortgage Bankers Association (MBA) … increase in funding for Ginnie Mae salaries and expenses, …