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The future secondary mortgage market entities will receive high investment grade ratings, even as there is no clarity on their scope or form, Fitch Ratings said.
April 10
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Technology startup Eave is making a foray into Colorado's fast-moving, high-end mortgage lending market by offering software designed to quickly analyze jumbo borrowers' more complex incomes and assets.
April 9
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A pair of the nation's largest banks, Citigroup and Wells Fargo, made changes to their mortgage banking executive teams.
April 2
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There is an oncoming liquidity crisis that will force consolidation in the mortgage industry as margins tighten and funding sources dry up.
March 28
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Credit unions favor housing finance reforms that would keep the government-sponsored enterprises or something similar in place, but add an explicit government guarantee to their mortgage-backed securities, according to a recent survey.
February 26
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As inflation fears put upward pressure on 10-year Treasury bonds and mortgage rates nationally, borrowers could start to take more notice of what lenders are charging them locally.
February 20
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Freddie Mac is now accepting bids on $420 million in nonperforming loans, its first NPL sale of 2018.
February 16
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Freddie Mac posted a fourth-quarter net loss of $3.3 billion and will request $312 million from the Treasury after recent tax reform legislation forced it to write down the value of deferred tax assets.
February 15
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The company that holds Washington Mutual's legacy reinsurance business has agreed to purchase a controlling interest in Nationstar Mortgage and invest in its growth.
February 13
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Walter Investment Management Corp. plans to emerge from Chapter 11 bankruptcy and start trading again under a new name in a matter of days.
February 8
