It stands to reason that Ginnie would want to sell the HECMs it seized from Reverse Mortgage Funding.

The first five years of homeownership are often the most challenging financially for first-time buyers.

The increase in impairments in November was the largest increase seen in the sector outside of COVID.

The industry expects robust bulk MSR trading during the first quarter.

Homes in 88% of metropolitan statistical areas in the country are overvalued, according to Fitch Ratings.

Headquartered in Lake Zurich, IL, Dovenmuehle did not return media inquiries on the matter.

Total Ginnie assets stood at $60.2 billion as of the end of September, up from $39.5 billion a year earlier. And liabilities increased from $9.7 billion to $29.4 billion.

Loan applications declined even as interest rates came down further.

The CFPB is in the process of revising its mortgage servicing standards under Regulation X, and expects to float a proposed rule in March.

Fannie Mae expects a slow pace of recovery from previously recessionary levels of housing activity.