Market shift: HSBC offloads huge REO portfolio to Altisource

How to get a mortgage right now, even with bad credit

HUD, FHA programs abound for those hit by the recession

America’s housing not ready for ever-expanding over-50 population

Harvard/AARP Study: Housing lacks accessibility for boomers
W S
The Ticker

Ginnie Mae halts MSR transfer from BAC to nonbank

MSRs lack documents, firm says

golf
/ Print / Reprints /
| Share More
/ Text Size+

Kate Berry at American Banker has a great scoop on Ginnie Mae halting the transfer of MSRs from Bank of America (BAC).

Ginnie Mae has halted the transfer of mortgage servicing rights from Bank of America to a nonbank servicer because of missing documents. The agency is asking the top servicers for an inventory of loans with missing documents.

Source: American Banker
Read full story

Recent Articles by Trey Garrison

Comments powered by Disqus