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Fannie Mae has chosen the winners of its latest nonperforming loan sales, which included 9,400 loans with $1.68 billion in unpaid principal balance.
March 14 -
Freddie Mac is preparing a transaction that transfers credit risk on $640 million of super-conforming residential mortgages.
March 9 -
Fannie Mae has selected electronic document management vendor eOriginal to host the government-sponsored enterprise's new electronic vault.
March 6 -
Driven by investor uncertainty, mortgage interest rates have moved by two basis points or less for four consecutive weeks, according to Freddie Mac.
February 23 -
U.S. Treasury Secretary Steven Mnuchin's seriousness about overhauling the nation's $10 trillion mortgage market will soon be tested.
February 23 -
Economic growth and lasting positive change within the mortgage industry require carefully considered strategy and close analysis of potential scenarios, not hastily-conceived executive orders.
February 21Indisoft -
Commercial mortgage loan originations in 2017 are expected to increase 3% over last year to a record high, as market fundamentals and property prices remain strong, according to the Mortgage Bankers Association.
February 21 -
A federal appeals court upheld a ruling that barred hedge funds from suing to overturn the U.S. government's 2012 decision to capture billions of dollars in the profits generated by the mortgage guarantors Fannie Mae and Freddie Mac after their bailout.
February 21 -
New Residential Investment Corp. had net income of $225 million in the fourth quarter, more than double the $103 million reported for the same period in 2015.
February 21 -
The Chicago Federal Home Loan Bank experienced a significant jump in mortgage originations in 2016 due to a "re-introduction" of its traditional Mortgage Partnership Finance loan product.
February 17