-
A subsidiary of Goldman Sachs was the winner for all four pools in Fannie Mae's latest nonperforming loan sale.
May 13 -
The government-sponsored enterprises' risk-sharing deals are being hailed as an innovative approach for Fannie Mae and Freddie Mac to offload credit exposure to private markets. But their growing popularity is raising questions about how these transactions should be reported in financial statements.
May 12 -
Goldman Sachs and Citigroup each have filed for new commercial-backed mortgage securitizations this week.
May 12 -
Following disappointing April employment data, mortgage rates are at their lowest point of the year, according to Freddie Mac.
May 12 -
Redwood Trust is broadening what kinds of prime jumbo mortgages it will accept and its appetite for non-qualified mortgages.
May 12 -
Mortgage banks were more likely than other lenders to see a competitive advantage from the implementation of the TILA-RESPA integrated disclosure rules, according to a survey from Fannie Mae.
May 12 -
Credit access and homeownership for low- to moderate-income families are under siege by the DOJ's overuse of the False Claims Act, as lenders worried about punitive damages discontinue Federal Housing Administration loan programs.
May 11
Baker Donalson -
After the Home Affordable Modification Program ends, servicers will employ myriad proprietary workout options to meet ongoing compliance requirements. But will more discretion in loss mitigation practices create consumer and investor confusion?
May 10 -
Consumer confidence in the housing market rebounded in April from an 18-month low the month prior, Fannie Mae reported Monday.
May 9 -
The Making Home Affordable program has been extended and expanded so many times that it's gotten hard to imagine life without it. But its two primary initiatives have served their purpose and the days may be numbered for HAMP and HARP.
May 9 -
Greystone, a commercial real estate lending, investment and advisory company, is adding two executives to a mortgage bond lending team.
May 9 -
MountainView Servicing Group said Friday that it is the exclusive advisor for the sale of a bulk mortgage servicing rights portfolio with Fannie Mae, Freddie Mac and Ginnie Mae loans.
May 6 -
Redwood Trust posted lower profits for the first quarter of 2016 as a result of falling interest income and the impact of lower interest rates.
May 6 -
Going forward, Fannie Mae will be relying more on loan guarantee fee income from its single-family and multifamily businesses.
May 5 -
Mortgage rates are now hovering just above their low point for the year, according to Freddie Mac.
May 5 -
Borrowers who have defaulted in the past are generally considered to be a bigger risk than those who have never missed a payment. Yet the early performance of bonds backed by rehabbed residential mortgages is pretty strong.
May 5 -
Fannie Mae will make a $919 million dividend payment to the U.S. Treasury Department after reporting a first-quarter profit driven by fees for guaranteeing loans against default and credit-related income.
May 5 -
PHH Corp. reported a first-quarter loss of $30 million, which included a $10 million pretax adjustment to the value of its mortgage servicing rights.
May 4 -
Social Finance Inc., whose loan originations have been concentrated in the non-qualified mortgage space, will now offer conforming products after receiving Fannie Mae seller/servicer approval.
May 4 -
The Federal Housing Finance Agency announced Wednesday it had raised a cap on the amount of multifamily loans Fannie Mae and Freddie Mac can buy from lenders, boosting it to $35 billion effective immediately.
May 4





