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BSI Financial CEO Gagan Sharma

Ginnie Mae approves BSI Financial as eIssuer, eSubservicer

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Ginnie Mae has approved mortgage fintech platform BSI Financial Services as both an eIssuer and eSubservicer under its digital collateral program, the company announced Wednesday. Processing Content The approvals expand BSI’s ability to support Ginnie Mae-backed digital mortgage assets across securitization and servicing, which reinforces the company’s commitment to technology-driven mortgage operations, the release said. […]

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Treasuries jolted as Fed hold trims September hike bets

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US Treasury yields shifted dramatically after the Federal Reserve kept interest rates steady, pushing bond traders to pare back their expectations for a hike in September. Processing Content The moves on Wednesday pushed yields on two-year US government notes — which are most sensitive to changes in the Fed’s policy — lower by two basis

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