Ginnie Mae Issuers to Start Using Alphanumeric IDs on MBS Pools; Ginnie MSR Offering Announced
January 27, 2012
Ginnie Mae said it may begin assigning alphanumeric pool numbers for MBS pools as soon as next month because it is fast running out of available pool numbers. The agency said fixed-rate pool types will be the first recipients of the alphanumeric pool numbers. Issuers should make sure that all their remaining assigned pool numbers are used before using the newly assigned alphanumeric IDs. Issuers were advised in 2009 to have their systems ready to accept alphanumeric IDs by March 1, 2010. In another development, MountainView Servicing Group has announced its offering of a $129 million portfolio of Ginnie...
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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