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The bank said it agreed to sell a $2.6 billion portfolio of 74 real estate construction loans as part of its plan to shore up liquidity.
May 22
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The company's recent expansion into commercial servicing is part of a broader effort to build a diversified business model, according to President and CEO Mike Dubeck.
May 22
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The Community Home Lenders of America is asking Fannie Mae and Freddie Mac's regulator to consider automatic indemnification on performing loans with flaws.
May 19
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The government-sponsored enterprise only tweaked the two-year mortgage origination forecast, with a $6 billion reduction for 2023, but an increase of $7 billion for 2024.
May 19
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Following the removal of one contentious part of its new grid in response to criticism, the agency is seeking more feedback on remaining changes it's made or proposed.
May 15
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The withdrawn loan level pricing adjustment matrix changes were mostly about election-year politics and the Federal Housing Finance Agency's plan for credit scoring changes is even more impractical, the Chairman of Whalen Global Advisors writes.
May 15
Whalen Global Advisors LLC -
Although issuance of new securitizations has been low compared to year-ago levels, it rebounded as spring buying began
May 12
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The move cancels the fee Fannie Mae and Freddie Mac would have imposed on certain loans for which the borrower's total debt exceeded 40%.
May 10
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Economic uncertainty slowed multifamily and commercial activity to the lowest level in 9 years, the Mortgage Bankers Association said.
May 10
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The offering comes amid an ongoing wave of private and public MSR sales.
May 9
