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The Federal Housing Finance Agency's recent allowance of a 3-month extension of CARES Act forbearances stands to upend the trend in plan exits.
February 12
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While its net income declined annually for the second consecutive year, CEO Hugh Frater touted Fannie Mae’s resiliency in a record year for providing mortgage liquidity.
February 12
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The offering went down to $14 from an anticipated $19 to $21 per share.
February 11
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The agreement would generate $250 million in proceeds, which the nonbank mortgage company plans to use to pay down and refinance existing debt, while also investing in its servicing and origination businesses.
February 10
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Volumes should rise this year but it could become more difficult to get loans for certain property types, the Mortgage Bankers Association said.
February 10
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Meanwhile at Essent, more loans exited the inventory in January than in December.
February 8
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2020’s mortgage employment numbers proved to be slightly higher than previously estimated when reconciled with the Bureau of Labor Statistics’ annual business census.
February 5
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The acquiring company does business under the name Excelerate Capital and will extend that name to Castle in order to expand its footprint.
February 3
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The uptick marks only the third increase in consecutive weeks since reaching a peak in May, according to Black Knight.
January 29
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An exclusive Arizent consumer survey indicates that consumers are becoming increasingly uneasy with the tradeoff of letting companies use their personal data in exchange for a customized experience. What does that portend for the future? Mark Weinstein is already tackling this head-on in the social media sphere. Join us in a conversion with Mark Weinstein, as we discuss: Privacy and security Combating the virus of disinformation Corporate social responsibility and ethical business practices
