Ginnie Mae plans to replace the current pool-level orientation of its mortgage-backed securities platform with loan-level functionality. The goal is to scope out a path and timeline to implement loan-level capabilities.
CoreLogic warns of lingering troubling signs of excessively appraised Home Equity Conversion Mortgage loans despite policy changes made by HUD to make the product safer.
Quicken Loans was the top ranked FHA producer for the year with $17.4 billion, followed by United Wholesale Mortgage ($13.1 billion) and Freedom Mortgage ($8.7 billion).
Some SWFs in other countries have extensive ownership interests in major corporations and sweep much of their profits into state coffers.
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