Interactive Mortgage Advisors, Denver, is brokering the sale of servicing rights on a $50 million portfolio of home loans.The portfolio consists of Freddie Mac, Fannie Mae, and private-label loans from 26 states, with the largest concentration of loans in Georgia. The average loan size is $139,283. The weighted average interest rate is 5.794% on the loans, and the weighted average servicing fee is 0.296%. Bids are due on Thursday, June 22.
House Republicans floated discussion legislative drafts aimed, in part, at strengthening the Federal Home Loan Banks' role providing liquidity to the financial system.
More than 80% of lenders are evaluating AI tools across their businesses, yet only 17% have deployed the technology in live production workflows.
Equity levels grew to start 2026 after pulling back to end last year, as older homeowners increasingly say they prefer to remain in place rather than downsize.
The Federal Housing Administration's demonstration project would allow payments to be deferred without placing a subordinate lien on a primary mortgage.
HUD found financial mismanagement, inadequate fraud controls, false certifications and improper payments within the Virgin Islands Housing Finance Authority.
As non-QM lending keeps growing, RiskSpan says its new tool gives lenders and investors a better way to judge borrower risk
