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Open Mortgage, a multichannel lender based in Austin, Texas, has been approved as a Fannie Mae seller.
June 13 -
Mortgage rates were lower this week after the May employment report came in well below expectations, according to Freddie Mac.
June 9 -
Fearing that housing finance reform has fallen off the congressional priority list, bank and housing trade groups sent a letter to Federal Housing Finance Agency Director Mel Watt on Wednesday to draw attention to the issue.
June 8 -
JPMorgan Chase's next residential mortgage securitization looks a lot like the six deals it completed in 2015: it is backed by jumbo loans to high-quality borrowers that the bank acquired from other originators.
June 8 -
Home purchase sentiment continued to rebound from an 18-month low in May, according to Fannie Mae's Home Purchase Sentiment Index.
June 8 -
TRID wasn't as hard on the wholesale channel as was once feared, but some parties involved in the process still either do not fully understand the rule or haven't perfected their operations to handle it.
June 8 -
MFA Financial has carved out an impressive niche for itself by buying reperforming and nonperforming residential mortgages and securities.
June 3 -
There's not enough origination volume to sustain seven private mortgage insurers and the number of underwriters may need to shrink, warns MGIC CEO Patrick Sinks.
June 3 -
New York's State Assembly has passed legislation that seeks to address problems related to preforeclosure vacant and abandoned properties.
June 3 -
Mortgage rates were up slightly from last week in continued anticipation of a possible move by the Federal Reserve, but still near three-year lows, according to Freddie Mac.
June 2