Fitch Ratings has assigned Greenpoint Mortgage Funding Inc., Novato, Calif., an SBPS3 primary servicer rating for small-balance commercial loans.Greenpoint was also assigned an SBSS3 special servicer rating for such loans. Fitch said the ratings are based on the company's "experienced management team and established technology and internal controls." Fitch rates small-balance commercial servicers on a scale of 1 to 5, with 1 being the highest rating.
The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
