-
Fannie Mae has obtained reinsurance for $510 million of credit losses on $20.4 billion of single-family residential mortgages through a pair of credit insurance risk transfer transactions.
March 24 -
Freddie Mac will soon allow automated underwriting of borrowers who lack scores but have other financial records.
March 23
-
Servicers are able to borrow more against their Ginnie Mae mortgage servicing rights as financing providers become more comfortable with the collateral.
March 23
-
A $165 million cash settlement has been reached in a class-action lawsuit that alleged investors were misled about the safety of mortgage-backed securities comprised of loans originated by now-defunct subprime lender NovaStar Mortgage Inc.
March 15 -
Industry critics argue the Invitation Homes deal will create new risks for Fannie Mae and remove affordable inventory from homebuyers.
March 15
-
Freddie Mac is considering backing loans that finance single-family rental homes for the first time, mirroring a controversial transaction that Fannie Mae disclosed in January.
March 10 -
Freddie Mac is preparing a transaction that transfers credit risk on $640 million of super-conforming residential mortgages.
March 9 -
Mill City Holdings is returning to market with its fourth securitization of reperforming residential mortgages, this time with a sliver of home equity lines of credit added to the mix of collateral.
March 9 -
Altisource Portfolio Solutions has launched a new mortgage trading platform for mortgage bankers and loan investors.
March 6
-
The Mortgage Bankers Association has partnered with Altisource subsidiary Lenders One Cooperative, providing the organization's members with expanded benefits.
March 6
