Capital markets

Fannie Mae is making technological updates and implementing policy and operational changes as part of an effort to improve servicing.

The government-sponsored enterprises should target their affordable housing efforts to strengthening the single-family market, rather than investing in private equity giants.

The sale will include Fannie Mae's sixth "community impact" pool of loans.

While Arch Capital had a slight increase in year-over-year net income to $64 million, the total was affected by $25 million of costs related to the purchase of United Guaranty.

JPMorgan Chase is known to eschew selling conforming mortgage loans to Fannie Mae and Freddie Mac, preferring to securitize them in the private-label market.

While lenders support the intent of a proposal to encourage the growth of private flood insurance, they claim a regulatory proposal doesn't give lenders enough flexibility and remains too complicated.

Invictus Capital Partners, a nonprime mortgage lender based in Washington, D.C., is making its debut in the securitization market.

Mortgage insurer Essent Group reported higher net income for the fourth quarter, as premium growth offset a modest uptick in expenses.

Cherry Hill Mortgage Investment Corp. has received issuer and purchase approval from Ginnie Mae, allowing it to complete a previously announced deal with Freedom Mortgage.

Federal Reserve Bank of St. Louis President James Bullard said the central bank ought not rush to raising interest rates next month because uncertainty over the fiscal policies of the Trump administration clouds the U.S. economic outlook.