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Freddie Mac purchased $38.9 billion of home mortgages from its seller/servicers in February, a slight gain from January, according to figures released Friday morning.
March 25 -
The Small Business Administration has placed a lender toolkit on the agency's redesigned website to give its program lenders access to in-depth information and resources.
March 24 -
Fitch Ratings has downgraded 10 commercial mortgage-backed securities transactions to D, indicating the bonds have suffered principal writedowns.
March 24 -
Zacks Investment Research Inc., Chicago, is suggesting investors can profit from the housing crash by investing in apartment real estate investment trusts. It provides a list of five of these REITs to be considered.
March 24 -
A combination of higher-than-anticipated inflation data and continuing geopolitical concerns during the week ending March 24 drove rates slightly upward, according to Freddie Mac’s survey for the period.
March 24 -
PSM Holdings Inc., Roswell, N.M., is making its second acquisition in the Northeast in recent weeks, having entered into a letter of intent to purchase American Trust Mortgage Inc., a mortgage broker in the Boston area.
March 24 -
Almost one out of every two homes sold in Orange County, Calif., during February was either a lender-owned home or a short sale, according to a new report released by the California Association of Realtors.
March 24 -
CoreLogic, the data and analytics spin-off of the First American Corp., purchased mortgage technology vendor Dorado Network Systems for $32 million, Santa Ana, Calif.-based CoreLogic said.
March 24 -
I was in Wisconsin. I woke up the morning of a training program and looking out the hotel window, I noticed a light, beautiful snow falling. It was a postcard scene.
March 24 -
Fitch’s review of 1,246 rated subprime residential mortgage-backed securities issued between 1993 and 2008 shows that, on average, losses are relatively stable and expected defaults are still improving, but continuing housing market weakness and foreclosure delays are still driving expected loss severities higher.
March 23


