Home » Short Takes: Nationstar Mortgage Non-Agency MBS Update/Genworth Mortgage Insurance Training Classes/Fannie President Urges Reform/REITs Continue Serving Investors/NAIHP Shopping Appraisal Rules on Capitol Hill
Short Takes: Nationstar Mortgage Non-Agency MBS Update/Genworth Mortgage Insurance Training Classes/Fannie President Urges Reform/REITs Continue Serving Investors/NAIHP Shopping Appraisal Rules on Capitol Hill
Nationstar Mortgage clarified that the non-agency MBS it plans to issue in the second quarter of 2013 is an asset-backed security with servicing advances from non-agency mortgages. Genworth U.S. Mortgage Insurance, a unit of Genworth Financial, Inc., announced on Friday that it will offer 24 training classes in April to help mortgage lenders and servicers improve their efficiency and build their business. Fannie Mae President and CEO Tim Mayopoulos said this week that it would be a “mistake” for official Washington to allow the prospect of the newly profitable GSEs to continue to slow walk efforts on housing finance reform.
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
FHA’s COVID-19 loss-mitigation options will be rescinded and the Trump administration is taking a close look at the payment supplement program established during the Biden administration.
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