While most non-agency MBS servicers specialize in handling either prime mortgages or expanded-credit loans, Shellpoint services large volumes of both loan types.
MBA believes that as a result of large buyouts of FHA and VA loans by banks from Ginnie Mae pools, these mortgages are now listed as portfolio loans...
The creation of a U.S. sovereign wealth fund could grease the skids for an end to the conservatorships of Fannie Mae and Freddie Mac.
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