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The number of product offerings stayed at a level last seen in 2014 as slight gains in government and jumbo loans were offset by fewer conventional mortgages coming on the market.
March 9 -
Three announced deals from Woodward Capital, Redwood Trust and Wells Fargo are set to price before the end of the month; additional transactions are expected soon from Morgan Stanley and Goldman Sachs.
March 9 -
One government agency is committed to collecting new data about foreclosure sale outcomes during the current lull in activity. The industry hopes it won’t lead to developments that bog down work later.
March 8 -
And there are some brawls on the field affecting the direction of business for the rest of this year.
March 8Whalen Global Advisors LLC -
Some applaud the agency's recent delay of the mandatory compliance date for a new Qualified Mortgage standard. Others say it leads to more uncertainty for lenders, opens the door to additional changes and enables some companies to loosen their underwriting.
March 7 -
Federal Judge Kenneth Marra for a second time has granted the mortgage company summary judgment in the case brought by the bureau in 2017.
March 5 -
But the move could have legal repercussions from a competitive standpoint.
March 4 -
The abrupt move paves the way for the $6 billion cash deal with Stone Point and Insight Partners to move forward unimpeded.
March 4 -
The agency will allow an additional three months of forbearance for multifamily property loans backed by Fannie Mae and Freddie Mac, as long as tenant protections are offered.
March 4 -
Since CoStar made its revised offer in February, its stock price dropped nearly $177 per share.
March 4