Freddie Mac veteran Bob Ryan starts this Monday as the Federal Housing Administration's first senior risk officer ever. Mr. Ryan has worked at Freddie for nearly 26 years and most recently served as vice president of portfolio management and pricing in Freddie's single family credit guarantee division. FHA commissioner David Stevens pledged to install an experienced risk manager to review all FHA programs. "FHA will never be able to fulfill its mission long term or short term if it is under scrutiny for not being well managed from a risk management standpoint," Mr. Stevens said.
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Panorama Mortgage Group's channels each had a different name, and SimplyPMG reflects a new emphasis on straightforwardness, said Hector Amendola, president.
May 29 -
The new unit, renamed XedaLink, will serve some of Xactus' direct competitors in the consumer reporting agencies space through a different platform.
May 29 -
The FHA published a request for information in the Federal Register Friday, looking for stakeholder comment on how to improve and modernize property standards.
May 29 -
Some international investors, who represent roughly 20% of Ginnie's market, are gravitating to real estate mortgage investment conduit securities.
May 29 -
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.
May 29 -
The test of automated risk assessments for government-sponsored enterprise-eligible mortgages are designed to help determine when waivers might be possible.
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