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Fannie Mae doubles down on credit-risk insurance transfers

National Mortgage
Mortgage Finance
4 years ago

Fannie Mae announced Tuesday that it has executed two credit-risk insurance transfers associated with mortgages acquired respectively in the second,.. Read More;

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Freddie Mac creates chief D&I role, promoting law and policy expert

National Mortgage
Mortgage Finance
4 years ago

Freddie Mac promoted a company veteran to the newly created position of chief diversity and inclusion officer, as it attempts,.. Read More;

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Opendoor rides U.S. home prices after Zillow's fumble

National Mortgage
Mortgage Finance
4 years ago

A few months after slowing home-price appreciation torpedoed Zillow Group's tech-powered flipping operation, the company's onetime rival is getting a,.. Read More;

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Nonbank mortgage profits at lowest level in three years

National Mortgage
Mortgage Finance
4 years ago

Independent mortgage bankers’ per loan profits dropped to the lowest level in nearly three years during the fourth quarter as,.. Read More;

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Mortgage fintech Tomo raises $40 million, expands operations

National Mortgage
Mortgage Finance
4 years ago

Lending fintech Tomo Networks raised $40 million in a Series A funding round, doubling its valuation to $640 million.The Stamford,,.. Read More;

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Altisource Asset Management reinvents itself, restarts NYSE trading

National Mortgage
Mortgage Finance
4 years ago

A Bitcoin automated teller machine (ATM), operated by BitBase, inside a cryptocurrency exchange in Madrid, Spain, on Thursday, March 17,,.. Read More;

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Wells Fargo sued for bias against Black refinance applicants

National Mortgage
Mortgage Finance
4 years ago

Wells Fargo is being accused of using “modern-day redlining" tactics in a new federal class action suit, the latest criticism,.. Read More;

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More borrowers emerge from post-forbearance workouts current

National Mortgage
Mortgage Finance
4 years ago

New forbearance plans and extensions inched up in the past month as exits kept slowing, but on-time payments after workouts,.. Read More;

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Rate hikes may not be enough to cure economy's ills, bankers say

National Mortgage
Mortgage Finance
4 years ago

Conditions for small and midsize banks grew increasingly complex during the first quarter, muddying the outlook for 2022 even as,.. Read More;

post

Powell says Fed is ready to raise rates faster if needed

National Mortgage
Mortgage Finance
4 years ago

Federal Reserve Chair Jerome Powell said the central bank will take the “necessary steps” to get inflation down even if,.. Read More;

post

Oregon mortgage tax deduction under fire over inequities

National Mortgage
Mortgage Finance
4 years ago

Oregon’s mortgage interest tax deduction is facing criticism after an audit found it mostly benefits wealthy, white homeowners in urban,.. Read More;

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How Best Mortgage Companies to Work For manage comms, perks

National Mortgage
Mortgage Finance
4 years ago

In an industry hit by the pandemic and now by a shifting interest rate environment, leadership at several of the,.. Read More;

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