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New York expands CRA requirements to nonbank mortgage lenders

National Mortgage
Mortgage Finance
4 years ago

WASHINGTON — New York Gov. Kathy Hochul on Monday signed legislation expanding the state’s version of the Community Reinvestment Act,.. Read More;

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SitusAMC adds 1,500 hires to tackle private RMBS backlog

National Mortgage
Mortgage Finance
4 years ago

Mortgage services provider SitusAMC announced that it has added 1,500 people to help process originations and clear a due-diligence logjam,.. Read More;

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As Gen Xers age, reverse mortgage products proliferate

National Mortgage
Mortgage Finance
4 years ago

While reverse mortgages make up only a small share of the home-loan market, the growing share of Generation Xers with,.. Read More;

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Fannie Mae reports dramatic capital gains in 3Q

National Mortgage
Mortgage Finance
4 years ago

Fannie Mae in the third quarter more than doubled its net worth compared to a year ago, which is likely,.. Read More;

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CFPBs Chopra fills two key leadership posts at agency

National Mortgage
Mortgage Finance
4 years ago

The Consumer Financial Protection Bureau announced the hiring of two former Obama administration officials as the agency's supervision and enforcement,.. Read More;

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Freddie Mac posts best quarter for purchase mortgages since 2010

National Mortgage
Mortgage Finance
4 years ago

Freddie Mac had its best quarter for single-family purchase mortgage activity since at least 2010, CEO Michael DeVito said.And while,.. Read More;

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Forbearances fall further and faster mid-month

National Mortgage
Mortgage Finance
4 years ago

Forbearance exits picked up from the previous week, maintaining a pace set earlier this year, with levels falling among all,.. Read More;

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Rocket and Salesforce targeting banks, CUs to source mortgages

National Mortgage
Mortgage Finance
4 years ago

Rocket Mortgage wants to provide its loan origination technology and services to banks, credit unions and other financial institutions through,.. Read More;

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Ginnie Mae to have new pool type ready for 40-year loans by December

National Mortgage
Mortgage Finance
4 years ago

Government bond insurer Ginnie Mae has unveiled the pool type it will use for newly modified mortgages with terms up,.. Read More;

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RON: The mortgage industrys Field of Dreams

National Mortgage
Mortgage Finance
4 years ago

tippapatt - stock.adobe.comIn August 2021, Major League Baseball made a lot of dreams come true by building a baseball field,.. Read More;

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Banks ready $952.3 million CMBS through Benchmark 2021-B30

National Mortgage
Mortgage Finance
4 years ago

A group of four major banks is sponsoring another commercial mortgage-backed securities (CMBS) transaction from the Benchmark platform, in a,.. Read More;

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MSR prices are rising in line with rates as lender needs shift

National Mortgage
Mortgage Finance
4 years ago

The mortgage servicing rights market has been on an upswing as higher rates have given MSRs a cyclical boost. Lenders,.. Read More;

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