#MSRrelated

[cheaphousespending]

New Ginnie Mae MSR-related note transactions emerging

KBRA assigned a rating to a new series of servicing-related term notes from a master trust issuer at Freedom Mortgage this week in line in a Ginnie Mae market that’s drawing more focus. The series 2024-SAT1 notes from FMC GMSR issuer trust are backed by certificates that represent participation interests in Ginnie Mae mortgage servicing rights. Interests include servicing income and the right to…