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Record Volume for Ginnie Mae Platinum Securities Set in March

Ginnie Mae says it completed a record 65 Platinum mortgage-backed securities transactions in March 2021, far exceeding the typical 19 to 22 Platinum transactions...

Optimal Blue PPE Integrated with Loan Selling Advisor APIs

Black Knight Inc. says it has completed integration of its Optimal Blue product, pricing and eligibility engine with Freddie Mac's Loan Selling Advisor application programming...

Lodasoft Builds Out Dual-AUS Submission Integration

Lodasoft says it is now offering single-click submissions of loan data to both Freddie Mac’s and Fannie Mae’s automated underwriting systems (AUS), delivering greater...

Ginnie Mae Leverages eOriginal Technology for E-Note MBS

Ginnie Mae recently guaranteed securitization of mortgage-backed securities (MBS) for the first time exclusively through the use of e-note technology using the eOriginal platform...

Myth Busters: The Capital Markets and Mandatory Execution Episode

BLOG VIEW: There are some names or phrases that when uttered strike fear into the hearts of many due to the misconceptions surrounding them....

Ginnie Mae MBS Issuance Sets Record in January

Ginnie Mae says its mortgage-backed securities (MBS) issuance volume was a record $82.6 billion in January, which was slightly above the previous record high...

ACES Quality Management Hires Amanda Phillips as EVP of Compliance

Amanda Phillips has joined ACES Quality Management (ACES) as executive vice president of compliance. Phillips most recently served as of counsel with Ballard Spahr, LLP,...

Optimal Blue API Platform Now Has Webhooks Component

Black Knight Inc. has rolled out a new webhooks component for its Optimal Blue application programming interface (API) platform that will boost lender efficiencies and...

Black Knight Rolls Out New Tool for Secondary Marketing

Black Knight Inc. has debuted Mandatory Analytics, an interactive data dashboard that allows investors to analyze and benchmark mandatory commitments on the secondary mortgage market. Mandatory...

Black Knight Optimal Blue PPE Now Supports HELOCs

Black Knight Inc. says its Optimal Blue product, pricing and eligibility engine has been enhanced to fully support the pricing of home equity lines...

New Algorithm in CompassPoint Tool Enhances Secondary Execution

Black Knight Inc. has rolled out enhanced capabilities in its CompassPoint risk management and loan sale platform that help identify the most profitable loan...

CFPB Proposing New Category of Seasoned QMs

The Consumer Financial Protection Bureau (CFPB) has issued a notice of proposed rulemaking (NPRM) to create a new category of seasoned qualified mortgages (QMs). Under...

Optimal Blue Mortgage Market Indices Now on FRED

Optimal Blue and the Federal Reserve Bank of St. Louis recently worked together to enable the real-time distribution of Optimal Blue Mortgage Market Indices...

FHFA Using RiskSpan Tool for MBS Analysis

The Federal Housing Finance Agency (FHFA) has selected RiskSpan’s Edge cloud platform to analyze mortgage-backed securities issued by Fannie Mae and Freddie Mac. The Edge...

Black Knight Buying Optimal Blue

Black Knight Inc. says it is acquiring secondary marketing technology specialist Optimal Blue for $1.8 billion. The transaction is expected to close in the...

Freddie Mac Prices New RPL Securitization

Freddie Mac has priced its second Seasoned Credit Risk Transfer Trust (SCRT) offering of the year: a securitization of approximately $1.6 billion, including both...

Evolve Mortgage Services Gets Nod from Fitch Ratings

Fitch Ratings has designated Evolve Mortgage Services as an “Acceptable” third-party review (TPR) firm for loans included in Fitch-rated residential mortgage-backed securities (RMBS). The rating...

CFPB Tackles Impending GSE Patch Expiration

The Consumer Financial Protection Bureau (CFPB) has issued two Notices of Proposed Rulemaking (NPRMs) to address the impending expiration of the Government-Sponsored Enterprises Patch. The...

Fannie Mae Locks Down Pair of CIRT Transactions

Fannie Mae says it has secured commitments for two front-end Credit Insurance Risk Transfer (CIRT) transactions, CIRT FE 2020-1 and CIRT FE 2020-2, that...

Angel Oak Wraps Up Securitization of Non-QM Mortgages

Angel Oak Capital Advisors LLC has completed a $346 million securitization comprising non-qualified mortgage (non-QM) loans primarily originated by its affiliated mortgage lenders Angel...