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U.S. Mortgage Insurers has selected MGIC Chief Executive Patrick Sinks as its new chairman.
July 26 -
Freddie Mac has reached a binding commitment with Chimera Investment Corp. in its pilot structured sale of seasoned loans.
July 26 -
Regulators sought to limit improper contact between lenders and appraisers, but policies of the two mortgage giants encourage the kind of practices that contributed to the housing crisis.
July 25
Community Bank Consulting Services -
First South Bank has purchased a mortgage servicing rights portfolio of 452 Freddie Mac and Fannie Mae loans.
July 25 -
Waterstone Financial reported a 71% year-over-year jump in net income during the second quarter thanks to growth in its mortgage banking division.
July 25 -
Deutsche Bank and JPMorgan Chase have found a home for the another portion of a $558 million mortgage on a San Francisco shopping mall that serves as collateral for a single-asset CMBS launched this week.
July 22 -
The official platform of the Republican Party has softened language calling for the end of Fannie Mae and Freddie Mac, while continuing to demand reform of the government-sponsored enterprises.
July 21 -
A federal appeals court has reversed a lower court decision that dismissed a lawsuit against Freddie Mac brought by a state pension fund.
July 21 -
Mortgage rates ticked up slightly across the board as the bond market settled from its post-Brexit volatility, but they remained near their historic lows, according to Freddie Mac.
July 21 -
Mergers and acquisitions are important, but simply buying out the competition is no longer the road to success.
July 20
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Fannie Mae has priced its Connecticut Avenue Securities, the series 2016-C04, at tighter spreads to its previous deal, completed in April.
July 20 -
A private flood insurance bill passed by the House is making Fannie Mae and Freddie Mac uneasy because they fear it could lead to greater losses, according to a recent report by the Government Accountability Office.
July 20 -
The Federal Housing Administration released lender guidance spelling out the circumstances under which it will insure mortgages on properties encumbered by Property Assessed Clean Energy liens similar to tax assessments.
July 20 -
Federal Housing Administration borrowers have been refinancing faster than expected, creating a drag on efforts to build up the capital reserves of the agency's mortgage insurance fund.
July 19 -
Think the $1.9 billion "house" mortgage securitization that JPMorgan completed in April was big?
July 19 -
The Mortgage Partnership Finance Direct program will now accept larger jumbo mortgages and a wider variety of products including hybrid adjustable rate mortgages, the Federal Home Loan Bank of Chicago and Redwood Trust said Monday.The partners said that the program would accept jumbos of up to $2. 5 million, a boost from the previous $1.5 million limit.
July 18 -
Ellie Mae has released the latest version of its loan origination system, which includes an integration with Freddie Mac's Loan Advisor Suite.
July 18 -
Bank of America saw its mortgage banking income fall to $312 million in the second quarter from over $1 billion one year prior as it continues to keep more loans on its balance sheet instead of selling them in the secondary market.
July 18 -
Uncertainty about what constitutes a TRID error has had a direct impact on independent mortgage bankers. But some warehouse lenders that provide those originators with interim funding have also been affected by the liquidity concern, taking on increased risk exposure.
July 18 -
Upcoming risk retention requirements may be the proverbial straw that breaks the back of the commercial mortgage-backed securities market.
July 15







