GSEs

Rates for the 30-year fixed-rate mortgage held steady this week, remaining near their all-time record low, according to Freddie Mac.

While many depositories do just enough mortgage lending to low- to moderate-income borrowers to meet statutory requirements, The Federal Savings Bank has made it a backbone for growth.

Ginnie Mae has hired Nancy Corsiglia as its chief operating officer.

Although the Consumer Financial Protection Bureau doesn't mandate doing so, lenders' best chance to stay compliant with future data initiatives and regulatory changes is to implement standards set by the Mortgage Industry Standards Maintenance Organization.

Freddie Mac is on track to issue mortgage-backed securities via a common securities platform by the end of this year, according to the Federal Housing Finance Agency.

Home purchase sentiment has fallen as more people have turned negative on the economy's outlook, according to Fannie Mae.

Mortgage rates dropped this week to their lowest point this year as yields on the 10-year Treasury remain depressed in the wake of the Brexit vote.

Radian Guaranty has redeemed the $325 million surplus note due to its parent company, Radian Group Inc. in Philadelphia.

Total multifamily and commercial mortgage originations are expected to decrease from last year's levels because of economic uncertainty, according to the Mortgage Bankers Association.

Fifth Third Mortgage has introduced a new down-payment assistance program in conjunction with Freddie Mac's Home Possible Advantage 3% down loan.