GNMA’s Early Buyout Program, known as EBO, gives issuers an option to buy delinquent loans out of securitized pools to optimize the issuer’s economics and help them manage certain risks. Understanding the value of that option requires experience, diligence, attribution…
The PHOENIX Analytics team would like to share our April 2021 monthly snapshot. In this report, PHOENIX reviews key economic and housing indicators, interest rates, prepayment speed trends, and delinquency trends.
The PHOENIX Analytics team would like to share our March 2021 monthly snapshot. In this report, PHOENIX reviews key economic and housing indicators, interest rates, prepayment speed trends, and delinquency trends.
The PHOENIX Analytics team would like to share our February 2021 monthly snapshot. In this report, PHOENIX reviews key economic and housing indicators, interest rates, prepayment speed trends, and delinquency trends.
The PHOENIX Analytics team would like to share our January 2021 monthly snapshot. In this report, PHOENIX reviews key economic and housing indicators, interest rates, prepayment speed trends, and delinquency trends.
Servicers of mortgages held in GNMA securities have several options available when a loan becomes 90+ days delinquent (or is 30+ days delinquent for a 120-day period). HUD guidelines require servicers to remit scheduled P&I payments until a given loan…