FHFA will direct the enterprises to treat loans with COVID-19 forbearance like those impacted by a natural disaster. Fannie and Freddie will also do a better job explaining buyback requirements.
The April-June period marked the second consecutive quarter in which Fannie Mae's CRT issuance exceeded Freddie Mac's, an unprecedented period of CRT dominance for Fannie.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.