The Federal Home Loan Banks have priced a $3 billion, 5.375%, three-year global bond due July 17, 2009.The issue (CUSIP: 3133XFYK6) was priced at 99.812 to yield 5.444%, or 29.5 basis points higher than the comparable U.S. Treasury notes. The settlement date is June 22. Deutsche Bank, Merrill Lynch, and Morgan Stanley are the joint lead managers for the transaction.
The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
The tool will provide helpful HELOC-related information to customer support staff to streamline the application process, Figure said Thursday.
The five states with the lowest property taxes have an average effective real-estate tax rate of 0.44%.
Ohio-based Liberty Home Mortgage joins several companies who started using a more modernized FICO credit score for nonconforming mortgage originations recently.
The CFPB has dissolved the Office of Supervision, Enforcement and Fair Lending and eliminated the job of associate director in a move that impacts how it designates nonbanks for supervision.
The plan that the Federal Housing Finance Agency floated calls for Freddie Mac to actively invest in some new closed-end seconds as cash-out refinancing subsides.
