TITLE

Proposal On Pay Might Offer Three Alternatives

PUB. DATE
July 2011
SOURCE
Mortgage Servicing News;Jul2011, Vol. 15 Issue 7, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article reports on the possibility that the U.S. Federal Housing Finance Agency (FHFA) will release its proposed modifications of the mortgage servicing compensation by offering initial options to the mortgage servicing industry in the U.S. It mentions that FHFA proposes changes in servicing payment which is only applicable to loans serviced for Fannie Mae and Freddie Mac. It also notes that some services already adopted the changes which offer them higher servicing payment.
ACCESSION #
61834111

 

Related Articles

  • Freddie's B of A Settlement Based on Flawed Process. Horwitz, Jeff; Borak, Donna // National Mortgage News;10/3/2011, Vol. 36 Issue 3, p21 

    The article reports on the conclusion of the U.S. Federal Housing Finance Agency's (FHFA) inspector general that the landmark settlement of Freddie Mac with Bank of America Corp. is based on flawed process in 2011. It indicates that the FHFA conclusion causes Freddie Mac to agree on the delay of...

  • FHFA Cuts Servicing Overhaul Options to 2. Horwitz, Jeff // Mortgage Servicing News;Nov2011, Vol. 15 Issue 11, p1 

    The article reports on the mortgage servicing options offered by the Federal Housing Finance Agency (FHFA) in the U.S. One of the plans is to establish a piggybank in order to pay for special servicing when the pool of loans operates in a troubled manner. The other plan aims to change the basics...

  • A Private Matter? Terris, Harry // American Banker Magazine;Nov2012, Vol. 122 Issue 11, p22 

    The article discusses the issues surrounding mortgage finances and credit risk compensation within the private sector in the U.S. It says that the Federal Housing Finance Agency (FHFA) has directed Freddie Mac and Fannie Mae to raise guarantee fees that will be expressed as annual rates on...

  • The Case for Overhauling RMBS Rep-and-Warranties. Rossi, Clifford // Asset Securitization Report;Nov2013, Vol. 13 Issue 11, p10 

    In this article, the author reflects on the need to standardize the representations-and-warranties framework for loan manufacturing process in the U.S. He informs that the U.S. Federal Housing Finance Agency has flagged the need to standardize servicing agreements related to...

  • FHFA Out to Tie Guarantee Fees to Foreclosure Costs. Horwitz, Jeff // American Banker;9/21/2012, Vol. 177 Issue F337, p6 

    The article discusses the U.S. Federal Housing Finance Agency's proposal to charge higher fees on guaranteed mortgage loans from government-sponsored enterprises Fannie Mae and Freddie Mac in the states of Connecticut, Florida, New York, Illinois, and New Jersey.

  • Mortgage Servicers Face Further Scrutiny from Fannie, Freddie: Report. Berry, Kate // American Banker;12/3/2014, Vol. 179 Issue 185, p1 

    The article discusses the U.S. Federal Housing Finance Agency's (FHFA's) release of an advisory bulletin which requires the nation's Fannie Mae (Fannie) and Freddie (Freddie) Mac mortgage loan servicing entities to develop a risk management framework with ongoing monitoring of mortgage servicers...

  • Better Scrutiny of Mortgage Originators and Servicers Says FHFA.  // Pratt's Letter;12/8/2014, p4 

    The article focuses on the approach of Federal Housing Finance Agency (FHFA) regarding the performance of mortgage loan services by entities that contract with Fannie Mae and Freddie Mac.

  • FHFA May Ditch Servicing Fee Changes. Muolo, Paul; Horwitz, Jeff // American Banker;2/2/2012, Vol. 177 Issue 18, p16 

    The article speculates the U.S. Federal Housing Finance Agency (FHFA) will not support a controversial plan to change the minimum servicing fees paid on mortgage loans because of industry opposition to the proposal.

  • FHFA SEEKS COMMENT ON ALTERNATIVE MORTGAGE SERVICING COMPENSATION.  // Pratt's Bank Law & Regulatory Report;2011, Vol. 17 Issue 10, p5 

    The article reports that the U.S. Federal Housing Finance Agency (FHFA) is seeking for public input on two mortgage servicing compensation structure proposals.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics