Secondary

A special agent who used to work for an investigative arm of Immigration and Customs Enforcement pleaded guilty to defrauding Freddie Mac and SunTrust Mortgage through a short sale.

The real estate investment trust is issuing $450 million of five-year notes backed by rights to excess servicing strips of Fannie Mae loans.

A data validation integration Freddie Mac is adding to its technology platform could also deliver representation and warranty relief to lenders when it verifies self-employed borrowers' incomes.

The Providence, R.I., company reported a double-digit increase in quarterly profits despite a year-over-year decline in fee-based revenue.

The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank.

However, mortgage growth and servicing income weren't the only reasons profits rose by double digits at the Dallas bank.

From the latest developments in digital mortgages to information about agency technology implementation, here's a look at eight things we learned at the 2018 MBA Tech conference.

MGIC Investment Corp.'s first-quarter net income beat analysts' estimates due to favorable loss development and that should be seen with the other private mortgage insurers.

The 860 loans backing its latest transaction, the $258.4 million Verus Securitization Trust, 2018-INV1, are all "business purpose investor loans,” according to S&P.

Ditech Holding Corp. lost $426.9 million in 2017, with almost half of that recorded during the fourth quarter, when the company filed for bankruptcy.