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The mention echoes previous recommendations to give the Federal Housing Finance Agency more authority over non-depositories that service loans sold to Fannie Mae and Freddie Mac.
February 9
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The large volume of servicing rights trades in January and high multiples were a reaction to tightening monetary policy after a period in which many stockpiled the asset.
February 8
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The company said the bond issue is the largest ever seen in this asset class and was boosted by rising home values.
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Congress waited too long to address the out-of-control housing market, leading to a crisis in 2008. Now, with home prices soaring and the government-sponsored enterprises' portfolios at record levels, lawmakers are in danger of repeating that mistake.
February 4
Federal Housing Finance Agency -
This regulatory development is both good news and bad news, depending upon where you happen to sit in the mortgage process.
February 3
Whalen Global Advisors LLC -
The government-sponsored enterprise is following through on resolving some temporary policies put in place to address contingencies around the coronavirus while unwinding others.
February 3
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Zanin, a former GE Capital executive, became chief risk officer at the government-sponsored enterprise only one year ago.
February 3
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If approved, the new loan would unlock $120 million in badly needed funds for the sprawling Bronx multifamily complex.
February 3
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The number of credit-sensitive borrowers who request alterations in their loan terms for income reduction could be a bellwether for loan performance as pandemic-related contingencies are rolled back.
February 2 -
Efforts aimed at modernizing outdated sets of PLS mortgage information could facilitate electronic transmissions and benefit lenders looking to broaden opportunities for secondary market sales.
February 2
