Non-Bank Mortgage Servicers Not Constrained By FHFA Liquidity Rules
The FHFA’s new non-bank liquidity rules probably won’t interfere with any existing businesses, though it does have implications for mortgage servicing M&A activity
The Federal Housing Finance Agency has released proposed financial requirements for non-bank mortgage servicers that want to keep working with Fannie Mae, Freddie Mac, and Ginnie Mae, and while they won’t be finalized until next quarter it sounds like mortgage servicers don’t have anything to worry about.
“If measured at the consolidated level, all but one of . . .
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