American Eagle Mortgage Co. LLC, Lorain, Ohio, is adding to its branch network in the greater Cleveland area through its acquisition of Real Estate Mortgage Corp. REMC has three locations — Rocky River, Beachwood and Twinsburg — and its president Mark Johnston will join AEMC as a vice president. Prior to the deal, AEMC had 12 offices, 10 across the state of Ohio and one each in Kentucky and Florida.
Panorama Mortgage Group's channels each had a different name, and SimplyPMG reflects a new emphasis on straightforwardness, said Hector Amendola, president.
The new unit, renamed XedaLink, will serve some of Xactus' direct competitors in the consumer reporting agencies space through a different platform.
The FHA published a request for information in the Federal Register Friday, looking for stakeholder comment on how to improve and modernize property standards.
Some international investors, who represent roughly 20% of Ginnie's market, are gravitating to real estate mortgage investment conduit securities.
The total delinquency rate rose 0.2 percentage points annually in March, with the share of loans 90 days late rising out of the range they were in since 2024.
The test of automated risk assessments for government-sponsored enterprise-eligible mortgages are designed to help determine when waivers might be possible.
