Posted To: Pipeline PressWhat’s new here at the MBA’s conference in Washington DC? Plenty of secretive M&A closed-door meetings, continued talk that Ginnie is carefully eying non-bank approved Ginnie issuer’s financial situations, conjecture of MI reps’ jobs in the future if all the MI companies roll out pricing engines, and Fannie & Freddie eliminating some “pricing inefficiencies” to end cherry-picking. The FHFA (overseer of F&F) continue to focus on maintaining access to credit, reduced taxpayer risk, and the infrastructure for a single security. There’s also talk about the BofA/NACA 0% down, 4.5% program . We’re going there again? Products, Services, Books, and Events for Lenders Lendsnap, The Digital Mortgage Company™, is hosting private consultations…(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.
Michael Ayoub, Author NMLS ID 6631