General

The upgraded Pass-Through Assistance Program that Ginnie Mae offered for single- and multifamily issuers will become permanent. The program provides emergency liquidity facilities to servicers that ran short of the funds they needed to…
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Hundreds of thousands of borrowers more than 90 days delinquent and in loss mitigation plans aren’t paying, a new study reveals. Across all investors, 964,464 mortgages remain seriously delinquent and not in forbearance, with 49% in loss…
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One under-publicized mortgage choice for brokers looking to widen their mortgage net is that of the reverse mortgage. As an equity-based mortgage option that will appeal to the large baby-boom demographic, Currie predicted that reverse…
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