The House Financial Services Committee chairman is calling out Fannie Mae and Freddie Mac's regulator for authorizing payments to two housing trust funds while the mortgage giants have their own financial struggles.
Watch this video as Jim Obsitnik of Capsilon discusses how to define a true end-to-end digital mortgage, the importance of automation to the digital mortgage, and the sea of change that's happening in the interoperability of technologies to drive efficiency and a better experience.
What differentiates a digital mortgage from a traditional online mortgage and why should lenders be excited about digital mortgages? In this video, Joe Tyrrell, EVP, Corporate Strategy at Ellie Mae answers these questions and addresses the importance of analytics and automation. View now.
Freddie Mac posted a fourth-quarter net loss of $3.3 billion and will request $312 million from the Treasury after recent tax reform legislation forced it to write down the value of deferred tax assets.
Federal Home Loan banks have significantly increased their lending to large financial institutions in the post-crisis years, but it’s doubtful this activity will create undue systemic stress because it has displaced other, riskier forms of bank funding.
The Trump administration’s 2019 budget highlights the administration’s goal of reining in the post-crisis regulatory apparatus, with proposed cuts for several agencies including the Consumer Financial Protection Bureau.
Rising rents across the country suggest the homebuyer pool could get even bigger at a time when demand in the housing market is already far outpacing supply. Here's a look at 12 cities where that trend is strongest.