Servicing

A new Federal Housing Finance Agency initiative will require the government-sponsored enterprise to create a common data standard and new servicing form under the Uniform Mortgage Data Program.

First-quarter surveillance of U.S. commercial mortgage-backed securities and commercial real estate collateralized debt obligations suggest slow growth for CRE property markets this year.

PennyMac Mortgage Investment Trust earned $19.1 million in the first quarter, a slight decline from the prior period.

Average rates for fixed-rate mortgages dropped to new lows in Freddie Mac’s latest weekly primary market survey.

It’s not easy being president. Just ask George W. Bush or Jimmy Carter. As for the current inhabitant of the White House, he was a bit late to the game when it came to tackling the housing and mortgage crisis. He wants to fix the housing/mortgage mess and he controls (sort of) three entities that can aid in that recovery: Fannie Mae, Freddie Mac and HUD/FHA

Nearly three years after returning to banking and mortgages, Jay Sidhu is preparing to take his latest venture to the next level.

House Republicans are wading back into the debate over whether to allow principal reductions on Fannie Mae and Freddie Mac mortgages.

Freddie Mac began purchasing HARP 2.0 loans in January and by the end of the first quarter had acquired $5 billion of these refis, according to the company’s first-quarter securities filing.

Housing and Urban Development Secretary Shaun Donovan will testify before Congress next Tuesday regarding efforts to allow more Americans to refinance their mortgages.

The government controlled Freddie Mac posted net 'comprehensive' income of $1.789 billion in the first quarter — but then had to turn around a pay the U.S. Treasury $1.8 billion in dividends, resulting in a small true loss for the quarter.