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Fannie Mae earnings tick down with credit loss benefit dip

National Mortgage
Mortgage Finance
2 years ago

Fannie Mae's earnings were down slightly this summer compared to the previous quarter, primarily due to rising home prices and,.. Read More;

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RMBS issuance should continue to slide in 2024, S&P says

National Mortgage
Mortgage Finance
2 years ago

Non-agency residential mortgage-backed securities issuance should continue to diminish next year, as rates remain high and inventory stays challenged, a,.. Read More;

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Number of zombie properties inches up in 4Q

National Mortgage
Mortgage Finance
2 years ago

The number of zombie properties slightly rose in the fourth quarter, but overall, the increase was minimal as home price,.. Read More;

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Biden's order marks the beginning of AI regulation for banks

National Mortgage
Mortgage Finance
2 years ago

President Joe Biden signed his artificial intelligence executive order, which uses the National Defense Act, on Monday.Bloomberg News ,.. Read More;

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White House touts support for commercial-to-residential conversions

National Mortgage
Mortgage Finance
2 years ago

The Biden administration provided updates to its housing supply action plan on Friday to emphasize its support of converting vacant,.. Read More;

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SoFi gets a lift from the return of student loan payments

National Mortgage
Mortgage Finance
2 years ago

The neobank is also benefiting from its product diversity. SoFi saw a return to its business roots as student,.. Read More;

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Non-banks must report larger data breaches, FTC rules

National Mortgage
Mortgage Finance
2 years ago

Non-bank mortgage players will have to report more cybersecurity incidents to a federal regulator beginning next spring. The Federal Trade Commission,.. Read More;

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People's Bank of Commerce in Oregon to exit mortgage lending

National Mortgage
Mortgage Finance
2 years ago

The People's Bank of Commerce in Medford, Oregon, announced plans to stop financing single-family homes on Monday, joining a list,.. Read More;

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Brandywine: Agency RMBS carry and safety prevail even if timing is lacking

National Mortgage
Mortgage Finance
2 years ago

A boutique shop with the resources of one of the largest asset managers, Brandywine Global searches globally for what it,.. Read More;

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Judge denies effort to squash claims in agent commission case

National Mortgage
Mortgage Finance
2 years ago

A federal judge last week denied motions by real estate players to grant judgment in their favor in the ongoing,,.. Read More;

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New correspondent lender focusing on underserved markets

National Mortgage
Mortgage Finance
2 years ago

Steve Thomas, the mortgage industry veteran behind Futurewave Finance, a minority-owned correspondent lender, found his career path in the capital,.. Read More;

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Dave Stevens forsees the "worst winter the industry has ever faced"

National Mortgage
Mortgage Finance
2 years ago

"It's this tough market that's going to build the greatest leaders of our industry, which we will see come forward,.. Read More;

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