Author name: Ricky Vasquez

‘Don’t fix what’s not broken’: experts mull cons of GSE exit

While some policymakers have long pushed to release Fannie Mae and Freddie Mac from government conservatorship, experts caution that a return to full privatization would be far from a fairy tale. Panelists Tuesday at the Mortgage Bankers Association’s Secondary & Capital Markets Conference weighed the many downsides of the complicated, and increasingly unlikely move if […]

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Dan Thompson-PMSI

PMSI’s CEO on why servicers can’t ignore low exception rates

Dan Thompson, chief executive of mortgage servicing management firm PMSI, numbers among industry veterans who managed mortgages during and prior to the Great Financial Crisis, so he’s seen worst-case scenarios and worked to help the industry avoid them since. The instances where exceptions from common servicing procedures were used averaged around 1% in 2024, which

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