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Rising mortgage rates will only be "a mild deterrent" to home purchase activity during 2019 as other indicators like price and demand will cancel that out, according to Standard & Poor's.
January 23 -
Redwood Trust has exercised its option to expand its minority stake in 5 Arches to 100%, increasing Redwood's exposure to loans used for house flipping and other types of residential investment.
January 23 -
Timothy Mayopoulos is back in the mortgage industry, becoming the new president of the digital mortgage technology developer Blend, months after leaving his post as Fannie Mae’s CEO.
January 22 -
Slower growth to interest rates and home prices will boost housing affordability in 2019, according to Fannie Mae.
January 22 -
Fannie Mae and Freddie Mac shares soared Friday amid fresh reports that the Trump administration is working on proposal that would recommend freeing the mortgage-finance giants from government control.
January 18 -
The Milken Institute's plan to address the housing finance system proposes a number of measures that could be carried out by regulators, after years of stalled legislative attempts.
January 17 -
Fannie Mae and Freddie Mac are adding another round of new underwriting requirements and a workaround for employment verification in response to the prolonged government shutdown.
January 17 -
A federal appeals court ruling that found the leadership structure of the FHFA unconstitutional will face an "en banc" review later this month.
January 16 -
Residential lender and Warburg Pincus portfolio company Newfi Lending is helping tackle upfront costs for homebuyers with the launch of its 2-1 Buydown Program.
January 10 -
Cascade Financial Services has become the only manufactured housing loan-focused servicer currently rated by Fitch, adding signs of a rebound in factory-built home financing that could lead to new private securitization.
January 9