Subject Root Tag

The meals, which were more promotional than sales-oriented, shouldn't make originators exempt from receiving overtime pay, an attorney argued.

The share of waivers submitted with purchase mortgages sold to the government-sponsored enterprises accelerated just prior to a change that will make more loans eligible.

Freddie Mac shares rose to $4.14 at 12:30 p.m. in New York Friday, Fannie Mae's stock climbed to about $4.23, each up 22% from the previous day's close.

Keefe, Bruyette & Woods expects a better year for originations than either Fannie Mae or the Mortgage Bankers Association, although volume will remain below the norm.

The Loan Store welcomes a former Flagstar exec as Calque, Proof and Flueid name new chief revenue officers in this roundup of mortgage industry moves.

BRIDGE Housing Corp. is the first to publicly offer tax-exempt bonds to finance construction of a new development, a 224-unit project in Portland, Oregon.

The changes add some steps that would have to be taken before Fannie Mae and Freddie Mac could exit following statements from a Trump ally indicating plans for a near-term release.

The Stamford, Connecticut-based bank hired Steven Sugarman to be its president. The former bank CEO, who now heads one of the country's largest mission-based lenders, will help drive an effort to close a capital gap.

Bill Ackman, founder of Pershing Square Capital Management, predicts Fannie Mae and Freddie Mac will be removed from conservatorship within the next two years.

Although a new administration means policy uncertainty, most analysts see the economy growing above trend next year, although inflation will remain a concern.