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The ruling is a signal to warehouse and DIP lenders that financing structures secured by HMBS-related tails may be vulnerable if Ginnie Mae exercises extinguishment remedies
At MBA Annual, Matt Jones and Joe Gormley touched on ways to move the needle in FHA single-family mortgage originations
Recent draw changes and a potential review of consultant requirements signal a refocus on the product
Joe Gormley says standardized submissions could cut reconciliation work and support friction-free servicing transfers
