Servicing

CHLA pushes Fed backstop for Ginnie Mae nonbanks
Ryan Kingsley
Nonbanks control Ginnie Mae servicing. Critics say safety nets have not kept up.
Servicing

CHLA pushes Fed backstop for Ginnie Mae nonbanks
Ryan Kingsley
Nonbanks control Ginnie Mae servicing. Critics say safety nets have not kept up.
Latest Updates

Foreclosures climb as financially stretched borrowers turn to short sales
Distressed sale activity is rising across government-backed portfolios and newer loan vintages, keeping pressure on mortgage servicers

Basel III proposals could fuel further nonbank dominance instead of banks’ mortgage comeback
Capital relief that expands MSR liquidity for major nonbank servicers could cement banks’ exit, accelerate consolidation

Post-2022 originations make up growing share of mortgage foreclosure activity
Performance pressure on FHA loans intensifies in May, as concentrated mortgage weakness persists



