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Truist to end sales and trading of MBS, government-agency bonds

National Mortgage
Mortgage Finance
3 years ago

Truist Financial Corp. plans to stop sales and trading of mortgage-backed securities and government-agency and Small Business Administration bonds by,.. Read More;

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Mortgage rates flatten after jobs, inflation news: Freddie Mac

National Mortgage
Mortgage Finance
3 years ago

Mixed economic signals left mortgage rates flat over the past seven days, with experts suggesting the end of Federal Reserve,.. Read More;

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First Federal Bank buys BNC National's mortgage business

National Mortgage
Mortgage Finance
3 years ago

First Federal Bank is buying certain assets and liabilities of BNC National Bank's mortgage division, including the Bismarck, North Dakota-based,.. Read More;

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Offices across America must be torn down, says investor who won big in 2008

National Mortgage
Mortgage Finance
3 years ago

Kyle Bass, chief investment officer of Hayman Capital ManagementDavid Paul Morris/Source: Bloomberg (Bloomberg) --Kyle Bass has some advice,.. Read More;

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5 "danger zones" where servicers need to tread carefully

National Mortgage
Mortgage Finance
3 years ago

One of the frequently heard comments at the recent MBA Servicing Solutions Conference was that servicers continue to have "targets",.. Read More;

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Guaranteed Rate ramps up its reverse lending program

National Mortgage
Mortgage Finance
3 years ago

Guaranteed Rate is beefing up its reverse mortgage lending program, joining a growing number of mortgage lenders that in recent,.. Read More;

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U.S. Bank CFO Dolan to assume expanded leadership as two executives retire

National Mortgage
Mortgage Finance
3 years ago

U.S. Bancorp's chief financial officer Terry Dolan will take on an expanded leadership role after two senior executives retire this,.. Read More;

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Homeowners, wary of inflation, lack loss mitigation know-how

National Mortgage
Mortgage Finance
3 years ago

An overwhelming majority of homeowners in a new survey say they're worried inflation will impact their ability to pay their,.. Read More;

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FHFA updates Duty to Serve rules impacting Southern border communities

National Mortgage
Mortgage Finance
3 years ago

The Federal Housing Finance Agency announced it had finalized changes to its Duty to Serve program, which allow Fannie Mae,.. Read More;

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Some banks with underwater bonds may weigh taking their lumps upfront

National Mortgage
Mortgage Finance
3 years ago

The market value of banks' bond holdings has recovered somewhat from late last year, and bankers now face choices about,.. Read More;

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Home buyers pushed mortgage volumes higher last week

National Mortgage
Mortgage Finance
3 years ago

Mortgage applications picked up last week thanks to elevated purchase activity, while refinances flattened, according to new data from the,.. Read More;

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Liquidity crisis could spark a long, slow trickle of bank failures

National Mortgage
Mortgage Finance
3 years ago

Customers wait in line outside of a Silicon Valley Bank branch in Wellesley, Mass. on Monday, March 13, 2023. The,.. Read More;

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