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Newrez veteran originators leave following uncertainty with retail channel

National Mortgage
Mortgage Finance
2 years ago

Uncertainty around the future of Newrez's retail operations pushed some veteran originators to seek greener pastures at rival competitors.Following the,.. Read More;

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HUD Secretary Marcia Fudge to step down

National Mortgage
Mortgage Finance
2 years ago

The Department of Housing and Urban Development's Secretary Marcia Fudge announced Monday plans to step down from her role and,.. Read More;

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New risk for mortgage bonds highlighted by missing $164 million

National Mortgage
Mortgage Finance
2 years ago

In January, investors including TPG Angelo Gordon, LibreMax Capital and Lord Abbett & Co. got a shock.The firms had bought,.. Read More;

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ARM borrowers may regret their loans but aren't giving them up: study

National Mortgage
Mortgage Finance
2 years ago

A majority of adjustable-rate mortgage borrowers rue their decision to take out the loans, but even more plan to stick,.. Read More;

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Pennymac, Fairway, Crosscountry add C-suite leaders

National Mortgage
Mortgage Finance
2 years ago

Also, Freddie Mac boosts single-family seller engagement team, Carrington names new CEO and Corelogic ads executive in real estate solutions.,.. Read More;

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Biden's speech elicits mixed reaction from housing industry

National Mortgage
Mortgage Finance
2 years ago

US Vice President Kamala Harris, from left, President Joe Biden, and House Speaker Mike Johnson, a Republican from Louisiana, during,.. Read More;

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Warren Buffet company named in commissions suit

National Mortgage
Mortgage Finance
2 years ago

Home sellers taking their commissions fight nationwide are dragging Warren Buffet into the fray, accusing his real estate businesses of,.. Read More;

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What former FHFA Director Mark Calabria foresees for housing

National Mortgage
Mortgage Finance
2 years ago

Former FHFA Director Mark Calabria signing books at the 2023 Digital Mortgage Conference. Photo credit: Jacob Kepler Depending on,.. Read More;

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Why private label mortgage securitization will have a strong 2024, according to one expert

National Mortgage
Mortgage Finance
2 years ago

About 15 months ago, observers of the private label securitization business were predicting that a bad 2022 would actually be,.. Read More;

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Powell: Basel III is not the Fed's answer to Silicon Valley Bank

National Mortgage
Mortgage Finance
2 years ago

Jerome Powell, chairman of the Federal Reserve, right, said the Fed's vice chair for supervision has the right to propose,.. Read More;

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Grasshopper Bank finds compliance time saver: Generative AI

National Mortgage
Mortgage Finance
2 years ago

"At Grasshopper we're treading lightly into AI, exploring it," said Christopher Mastrangelo, chief compliance officer at the bank, in an,.. Read More;

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Spring ushers in housing market optimism among consumers

National Mortgage
Mortgage Finance
2 years ago

Anticipation for the spring homebuying season pushed the Fannie Mae Home Purchase Sentiment Index upwards.The HPSI grew to 72.8 in,.. Read More;

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