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The Federal Reserve warned of significant risks of business bankruptcies and steep drops in commercial real estate prices in a report published on Friday.
February 19 -
Moratorium extensions helped drive a weekly increase in forbearances, according to Black Knight.
February 19
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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
