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The Connecticut Housing Finance Authority intends to offer up to $63 million in fixed-rate bonds on Tuesday and $23 million as variable rate on July 13.
June 28 -
Freddie Mac investors will now have access to loan-level disclosures with FICO credit scores calculated from Experian consumer credit data.
June 28 -
Nationstar Mortgage is issuing its fifth securitization of nonperforming reverse mortgages, a unique esoteric RMBS class the mortgage servicer has engaged in four previous transactions.
June 28 -
Fitch Ratings will now conduct reviews of residential mortgage-backed securities deal agents as part of its RMBS master criteria, with Clayton Holdings as the first deal agent to receive an assessment.
June 27 -
New York City broke ground on a $67 million reconstruction project at the Ocean Bay-Oceanside development in the Rockaways.
June 27 -
The deadline has arrived for mandatory submissions to the Federal Housing Administration's Electronic Appraisal Delivery portal, but as many as one-third of lenders that originate FHA-insured mortgages have yet to use the new system.
June 27 -
The market gyrations following the United Kingdom's vote to leave the European Union have an upside for mortgage lenders, as already-falling interest rates are expected to boost home purchases and refinancing.
June 24 -
For the first time, Ginnie Mae has edged out Freddie Mac as the second largest securitization platform.
June 24 -
The U.S. government's decision to take all profits from Fannie Mae and Freddie Mac was the right thing to do even in light of the companies' subsequent return to profitability, a former Treasury Department official said..
June 23 -
Incenter Mortgage Advisors is brokering the sale of a $1.6 billion Freddie Mac residential mortgage servicing rights portfolio for an undisclosed independent mortgage banker.
June 23 -
Fannie Mae has delayed the roll out of its new automated underwriting system that will require mortgage lenders to use trended data for the first time in submitting their loans for approval.
June 23 -
Mortgage rates are up two basis points over the previous week, but they are not increasing as fast as the benchmark 10-year Treasury yield.
June 23 -
Industry and consumer groups are calling on the Federal Housing Finance Agency to reduce the loan fees that homebuyers have to pay on Fannie Mae and Freddie Mac guaranteed mortgage loans.
June 22 -
Fannie Mae has released the details of its next sale of nonperforming loans, including the fourth "community impact" pool the government-sponsored enterprise has offered.
June 17 -
Optimal Blue will be acquired by private equity firm GTCR in a deal that makes Mortgagebot founder and tech veteran Scott Happ CEO of the Texas-based product and pricing engine software vendor.
June 17 -
U.S. prosecutors have abandoned their case against Angelo Mozilo, a pioneer of the risky subprime mortgages that fueled the financial crisis, after a two-year quest to bring a civil suit against him.
June 17 -
The 30-year fixed-rate mortgage saw interest rates fall to the lowest level in three years as expectations for the Federal Reserve's June meeting and Britain's potential exit from the European Union drove investors to the safety of U.S. bonds.
June 16 -
Costs for finishing Fannie Mae's new headquarters have increased $36 million without the knowledge of the Federal Housing Finance Agency employee responsible for monitoring the project, the agency's inspector general claims.
June 16 -
Seneca Mortgage Servicing has chosen Nationstar Mortgage Holdings as the subservicer for its existing mortgage servicing rights portfolio as well as for future acquisitions.
June 15 -
Fears about repurchase requests made by Fannie Mae and Freddie Mac persisted beyond the crisis, but those fears don't match actual repurchase numbers.
June 15






