Most of the major MBS investor groups added to their holdings during the second quarter of 2018, according to a new Inside MBS & ABS analysis. [Includes two data charts.]
The Federal Housing Finance Agency and Treasury Department have asked the U.S. Court of Appeals for the Fifth Circuit to not entertain a rehearing in the Collins v. FHFA government-sponsored enterprise shareholder case.
Freddie Mac’s pilot program to extend lines of credit collateralized by mortgage servicing rights kicked into its second phase this month with the mortgage giant finding itself playing defense as the cries of “charter creep” continued to grow louder.
Although some industry members have voiced concerns over appraisal waivers offered by Fannie Mae and Freddie Mac, the Federal Housing Finance Agency Office of Inspector General said the risk is minimal. Only a small portion of loans are actually eligible for the waiver and the FHFA said it’s closely monitoring the program.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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