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The layoffs were a result of the bank's decision to exit the channel, a spokeswoman confirmed.
February 2
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Freddie Mac previously announced a similar change set to go into effect for mortgages with settlement dates on or after March 7.
February 2
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Sens. J.D. Vance, R-Ohio, John Fetterman, D-Pa., and Katie Britt, R-Ala., take seats on the Senate Banking Committee.
February 2
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Since breaking above 7% in November, the 30-year fixed is now down nearly a full percentage point, Freddie Mac said.
February 2
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The private mortgage insurer is purchasing Agents National and Boston National from Incenter, which itself is a unit of Finance of America.
February 2
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Fourth Capital Bank's collaboration with the megalender is made possible through a partnership with Q2 Holdings.
February 1
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The Federal Reserve Chair urged Congress to raise the debt ceiling, warning the impacts of not doing so could go beyond the central bank's ability to mitigate.
February 1
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The group, led by Senate Banking Chairman Sen. Sherrod Brown, said nonperforming loans sold to single family housing rental businesses or private equity firms results in the displacement of homeowners.
February 1
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Various affiliated companies participated in the creation of the transaction, including its publicly traded REIT, which owned a significant portion of the mortgages.
February 1
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The Federal Reserve slowed its drive to rein in inflation and said further interest-rate hikes are in store as officials debate when to end their most aggressive tightening of credit in four decades.
February 1
