Finance

Housing advocates say Sandra Thompson, a longtime Federal Deposit Insurance Corp. board member, aimed to keep an eye on risk as she expanded access to credit.

The wildfires are expected to have a limited effect on loan pricing and delinquencies, but other expenses could rise, adding to the cost of a mortgage.

A couple of influential mortgage industry veterans serve on the board of the latest company backing the new nonprofit capital-markets advocacy group.

Craig Phillips worked on early efforts to move the government-sponsored enterprises toward a conservatorship exit during the first Trump administration.

The financial data firm Intercontinental Exchange is buying the firm that runs the Ameribor interest rate benchmark, which some community and regional banks back as a LIBOR alternative.

The real estate investment trust also announced changes to its Sequoia correspondent platform as it seeks to elevate the unit's branding in 2025.

James Whitlinger, Freddie Mac single family chief financial officer, has served as the company's interim CFO since Christian Lown's departure at the end of June.

A famous money management firm has identified key developments that previously posed challenges for agency mortgage-backed securities but are now strengthening the market.

Analysts agree recent changes to government agreements will end the Fannie Mae and Freddie Mac conservatorships, but it'll likely happen later rather than sooner.

The share of waivers submitted with purchase mortgages sold to the government-sponsored enterprises accelerated just prior to a change that will make more loans eligible.

Freddie Mac shares rose to $4.14 at 12:30 p.m. in New York Friday, Fannie Mae's stock climbed to about $4.23, each up 22% from the previous day's close.

BRIDGE Housing Corp. is the first to publicly offer tax-exempt bonds to finance construction of a new development, a 224-unit project in Portland, Oregon.

The changes add some steps that would have to be taken before Fannie Mae and Freddie Mac could exit following statements from a Trump ally indicating plans for a near-term release.

The Stamford, Connecticut-based bank hired Steven Sugarman to be its president. The former bank CEO, who now heads one of the country's largest mission-based lenders, will help drive an effort to close a capital gap.

The CapitalW Collective supplements the work other organizations do by addressing the educational needs of women and others in the specialized portions of the mortgage business.

A vast majority of the collateral pool balance, 82.6%, are mortgages used to purchase primary residences, and just 17.4% finance second homes.

Improved digital communications in transfers could help mitigate one growing risk for servicers, which also could face a less friendly rate and credit scenario.

Technology centered on addressing certain key mortgage priorities stand to attract the greatest attention from venture capitalists and other investors.

Lenders will need to lean on alternative products as limited mortgage rate relief keeps some consumers on the sidelines, but others will tire of waiting and act.

Alternative documentation accounts for 37.9% of the pool balance, compared with 24.6% on the 2024-NQM4 deal.