joint initiative

FHFA Initiative on Servicer Compensation

On January 18, the FHFA announced a joint initiative to consider alternatives for future mortgage servicing structures and servicing compensation for single-family mortgage loans. The goals of this initiative are to improve service for borrowers, reduce financial risk to servicers, and provide flexibility for guarantors to better manage non-performing loans, while promoting continued liquidity in the “To Be Announced” mortgage securities market. FHFA Release.