Secondary

The Foreclosure Abuse and Prevention Act has reportedly stopped one company from buying loans in the New York, others are said to be paying less for them.

Both Fannie Mae and Freddie Mac made similar changes to their policy when it comes to disclosures and retention rules for an appeal of a valuation.

The purchase of Crestline bolsters Rithm's goals to grow the asset management side of its business and comes after previous hints of an insurance-related deal.

If they exit conservatorship, Fannie Mae and Freddie Mac might increase fees or retain servicing rights, shrinking their market share, according to the Chairman of Whalen Global Advisors.

However, collective earnings from both companies are still expected to be robust, increasing by around $2 to $3 billion, the analyst report said.

Figure Technology files for a $508M IPO, while co-founder Mike Cagney secures long-term control and a retention award tied to the company's growth.

Housing regulator Bill Pulte lodged more fraud allegations against Fed Governor Lisa Cook as she filed a temporary restraining order regarding attempts to remove her.

The U.S. Mortgage Insurers put out a blog promising its members would be ready to accept submissions for coverage which were scored using VantageScore.

A directive from the Federal Housing Finance Agency would cut the number of board seats for Federal Home Loan Banks, especially in dark blue areas of the electoral map.

The Federal Housing Administration is moving to the same standard for the new Uniform Residential Appraisal Report that the conforming market is adopting.