Understanding Today’s Connected Borrower

Sign up for this webinar to learn how to transform the borrower journey from transaction to relationship and gain a significant lift in production in today’s digital lending environment.

The unique challenges facing minority first-time homebuyers

In this episode, we interview Timothy Demry, a real estate agent in San Francisco’s Bay Area, about his experience serving minority first-time homebuyers.

How modernized servicing creates customers for life

Servicers must be powered by nimble technology to be heroes to borrowers, stalwarts to investors, and stewards of consumer protection to regulators.

Savvy lenders are already preparing for the next valley – Here’s how

Despite increased rate of tech adoption, the industry still has room for continued tech development and usage. Read here to learn more about key technologies that lenders need to give more attention to.

Awards

2020 HW Tech100 Mortgage winner: Common Securitization Solutions by Fannie Mae and Freddie Mac

Increasing secondary mortgage market liquidity

The CSS Common Securitization Platform helps increase secondary mortgage market liquidity through the uniform mortgage-backed security by functioning as one common, flexible technological and operational platform to store, process and transmit the large volume of data required to administer 1 million securities representing $4.8 trillion unpaid principal balance. As the agent for issuance of Freddie Mac and Fannie Mae single-family mortgage-backed securities, CSS built and operates the CSP for release of related loan and security-level disclosures, and ongoing administration of mortgage securities. The CSP consists of five modules: Data Acceptance, Issuance Support, Bond Administration, Tax and Disclosure.

  • Through the CSP, CSS has administered between $125 billion and $175 billion of monthly issuance volume and direct payments on securities.
  • Tradeweb reports MBS volumes on its trading platform alone are up a significant 28.6% year-to-date.
  • Since the start of forward trading in March 2019, more than $18 trillion in UPB of securities have traded, making the combined TBA market second only to the market for U.S. Treasuries in size and liquidity.

www.commonsecuritization.com

Latest Articles

Fannie Mae celebrates Single-Family Green MBS milestone

A year after issuing its first Single-Family “Green” MBS on Earth Day 2020, Fannie Mae has now completed 25 transactions for the program, totaling $167 million in bonds backed by mortgages on newly constructed, energy-efficient homes.

Apr 22, 2021 By
3d rendering of a row of luxury townhouses along a street

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