New Updates Regarding Service and Seller Requirements Released By FHFA and Ginnie Mae

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In: Mortgage News

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Ginnie Mae and the Federal Housing Finance Agency( FHFA) have delivered another asset customized to salesman tinkerers and entrepreneurs. The new changes, successful on September 30, permit Fannie Mae and Freddie Mac to lay out musts that surpass the leastContinue Reading

Advance Loan Modifications get more Streamlined Thanks to Ginnie Mae

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In: Mortgage News

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On Friday evening, Ginnie Mae gave another notice (APM 22-01) expressing that they are smoothing out its documentation prerequisites for servicers partaking in the Federal Housing Administration’s (FHA) Advance Loan Modification program (ALM). The update gets rid of the necessityContinue Reading

Ginnie Mae Borrowers Weigh Heavily On U.S. Mortgage Market

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In: Mortgage News

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Last updated on February 3rd, 2021 at 11:08 amAccording to the Monday report by Mortgage Bankers Association, compared to conventional ones, double the number of Ginnie Mae borrowers have demanded forbearance. MBA data shows Ginnie Mae has a higher share of forbearance ie.Continue Reading

As a Helping Hand, Ginnie Mae offers Natural Disaster Program for Struggling Mortgage Service Providers

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In: Mortgage News

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Last updated on December 22nd, 2020 at 12:09 am Nonbank contract moneylenders, who are propping for a gigantic money mash as borrowers the nation overlook for credit patience in view of the coronavirus emergency, are set to get some help because ofContinue Reading