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Like its competitor Fannie Mae, the enterprise's earnings were higher year-over-year but recorded a quarterly decline in part due to a legacy shareholder lawsuit.
November 1
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The acquisition of the mortgage servicer has costs, but it'll give the company offsetting efficiencies of scale, executives said in an earnings call Tuesday.
October 31
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The government-sponsored enterprise's net income was balanced by climbing interest rates, which drove a large increase in fair value gains.
October 31
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High interest rates and constrained inventory will take its toll on originations and securitization activity in 2024, the rating agency commented.
October 31
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The neobank is also benefiting from its product diversity.
October 30 -
The market appears strongly divided, as commercial real estate presents investors with stark choices and big risk-management decisions, often differing by region and by sub-sector.
October 30
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Futurewave Finance was started by former FHLBank-Chicago executive Steve Thomas, as part of a personal mission to do more to help underprivileged communities.
October 30
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The number of sellers it works with in the correspondent channel has grown due to pending capital requirements affecting larger depositories' interest in loans.
October 27
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Large language models were a big part of the discussion during the company's earnings call on Thursday.
October 27
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Even though it is less than two years since it allowed Fannie Mae and Freddie Mac to accept such valuations, it is difficult to evaluate their effectiveness without such examinations.
October 27
