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Freddie Mac has launched its first securitization of small-balance loans on multifamily properties. The 44 mortgages backing the $108 million of SB1 Certificates are underwritten by Freddie Mac and originated by Greystone Servicing Corp.
August 3 -
Goldman Sachs Group Inc. has agreed to pay around $270 million to settle a lawsuit by investors who claimed the bank misled them about the safety of billions of dollars worth of residential mortgage-backed securities.
July 31 -
The Department of Housing and Urban Development found recently that a Federal Housing Administration down payment assistance program translated to higher mortgage rates for borrowers.
July 30
Offit | Kurman -
The House Financial Services Committee approved a bill that would delay the Consumer Financial Protection Bureau's enforcement of the new TILA-RESPA integrated disclosure rules. It also approved two additional bills addressing the qualified mortgage rule and GSE executive compensation.
July 29 -
A survey from Fannie Mae found that lenders use credit overlays in a limited manner, with some variations based on channel.
July 28 -
The price of loans that underlie commercial mortgage-backed securities fell from May to June, according to DebtX.
July 28 -
A dispute over pay for the chief executive officers at Fannie Mae and Freddie Mac could put Barack Obama and House Republicans together in an unusual alignment against a housing official appointed by the president.
July 28 -
The California Housing Finance Agency has ended its use of a U.S. Treasury liquidity program that the agency had relied on since 2009.
July 27 -
The range of loan products offered by mortgage lenders and investors has been narrow since the housing crisis, but a few underserved niches are starting to make a comeback.
July 27 -
Housing markets are steadily improving nationwide, according to the latest Freddie Mac's Multi-Indicator Market Index.
July 24 -
The bankruptcy of Wingspan Portfolio Advisors epitomizes the existential crisis facing default servicing. This once-thriving sector of the mortgage industry now finds itself declining in lockstep with the drop in loan delinquencies and foreclosures.
July 24 -
U.S. housing-finance reform may be even more remote thanks to a provision in the Senate's transportation bill that uses the mortgage giants as a source for funds, according to lawmakers and industry groups.
July 24 -
Interest rates for fixed mortgages fell in the week ending July 23, but short-term adjustable-rate mortgages saw modest increases, according to Freddie Mac's primary mortgage market survey.
July 23 -
The Consumer Financial Protection Bureau's new integrated disclosure regulations could pose problems for warehouse line providers along with their mortgage lender clients.
July 23 -
Huntington Bancshares in Columbus, Ohio, reported higher quarterly in profit that reflected higher in mortgage banking fees and steady loan growth.
July 23 -
WASHINGTON The Senate Finance Committee voted Tuesday for a measure that would extend a temporary 10-basis point hike in Fannie Mae and Freddie Mac guarantee fees for an additional four years.
July 22 -
Radian's note repurchase and issuance of new debt have helped increase the liquidity and capital strength of its mortgage insurance business.
July 22 -
Genworth Financial Inc. is in exclusive talks to sell a European unit to France's Axa SA as Chief Executive Officer Tom McInerney works to fill a capital gap at its private mortgage insurance subsidiary.
July 22 -
The new MBS program gives FHLB members direct access to the secondary market.
July 21 -
Wellington Denahan is stepping down as chief executive officer of Annaly Capital Management Inc., the largest real estate investment trust that buys mortgage debt.
July 21











