Ginnie Mae

FSOC: Regulators, Congress Should Enhance Resilience of Nonbank Mortgage Companies
FSOC: Regulators, Congress Should Enhance Resilience of Nonbank Mortgage Companies
May 10, 2024  |  Real Estate

The Financial Stability Oversight Committee (FSOC) is encouraging state and federal regulators and Congress to do more to enhance the resilience of nonbank mortgage companies (NMCs). The...

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Mortgage Bankers Association: 4.1 Million Home Loans In Forbearance
Mortgage Bankers Association: 4.1 Million Home Loans In Forbearance
May 19, 2020  |  Debt

As lenders provide relief for homeowners from the financial challenges of COVID-19, the number of mortgages on temporary postponement increased to 8.16 percent as of...

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Mortgage Payment Deferrals Could Cost Non-Bank Lenders $12B Per Month
Mortgage Payment Deferrals Could Cost Non-Bank Lenders $12B Per Month
April 02, 2020  |  Loans

Non-bank lenders are on shaky ground as they face the prospect of mortgage payment forbearance with the ongoing coronavirus pandemic, which could end up costing...

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