Fannie Mae has expanded its main website (http://www.fanniemae.com) and turned it into a business-to-business site that includes a new electronic news service and "push" technology that allows industry partners to receive Fannie Mae announcements automatically."The reincarnation of fanniemae.com as a business-to-business site is an important and logical next step in providing our lenders and other industry partners with leading-edge technology tools that help them transact business more efficiently," said John Buckley, Fannie Mae's senior vice president for communications. The site is organized into five sections: current investor information, business applications and forms, general information, a resource guide for the news media, and an employment opportunities database. Fanniemae.com is hyperlinked to HomePath.com (http://www.homepath.com), Fannie Mae's website for consumers seeking information on the mortgage process and Fannie Mae products.
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National Mortgage News spoke with Shant Banosian of Rate, Mark Cohen of Cohen Financial and Amanda Sessa of SWBC on how they stand out in their markets.
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The partnership was designed to support the growth of Redwood's Sequoia platform and give Castlelake purchasing power for fully documented loans.
April 30 -
Home affordability declined on a monthly basis across loan types and racial demographics, but improved from a year ago, the Mortgage Bankers Association said.
April 30 -
A federal judge harshly criticized the settlement of a civil suit between the Department of Justice and a Texas land developer.
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The latest study from LodeStar found the ratio of average closing cost to home sales price in several states, led by Delaware, well above the national average.
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The benchmark 10-year Treasury yield topped 4.4% on April 29 — its highest level since late March — as investor anxiety mounted.
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