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Cenlar hires former chief risk officer from Fannie Mae, Freddie Mac JV

National Mortgage
Mortgage Finance
4 years ago

Cenlar FSB, a mortgage subservicer and employee-owned wholesale bank, on Wednesday announced that it has hired Sara Avery, the former,.. Read More;

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Cavco completes acquisition of manufactured home builder

National Mortgage
Mortgage Finance
4 years ago

Cavco Industries, the Phoenix-based builder of manufactured homes, announced the close of its acquisition of The Commodore Corp. in a,.. Read More;

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U.S. home prices gain 19.7% in another record for hot market

National Mortgage
Mortgage Finance
4 years ago

U.S. homes prices surged 19.7% in July, once again posting the biggest jump in more than 30 years.The record gain,.. Read More;

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Fed officials reinforce message on taper soon, liftoff patience

National Mortgage
Mortgage Finance
4 years ago

Federal Reserve officials reinforced the U.S. central bank’s message that it would probably begin winding down its bond-buying program soon,,.. Read More;

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Democratic Senators look to LIFT first-generation home ownership

National Mortgage
Mortgage Finance
4 years ago

A proposed 20-year government-backed mortgage program could allow new homeowners to build wealth twice as fast as they would with,.. Read More;

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Climate change factors into majority of home buying decisions: survey

National Mortgage
Mortgage Finance
4 years ago

The increasing power and frequency of natural disasters are weighing more heavily on borrowers’ decisions regarding where to live. A,.. Read More;

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Mortgage forbearance fell below 3% for the first time since March 2020

National Mortgage
Mortgage Finance
4 years ago

Despite a jump in the government loan sector, the overall weekly forbearance rate fell 4 basis points, returning it to,.. Read More;

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ACREC, a new CRE CLO issuer, plans to issue about $875 million in CMBS

National Mortgage
Mortgage Finance
4 years ago

While the asset-backed securities market and the credit markets overall are moving away from Libor products, the ACREC 2021-FL1 is,.. Read More;

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Connecticut municipalities have until 2023 to decide on inlaw units

National Mortgage
Mortgage Finance
4 years ago

Single-family houses filled with middle-class homeowners are an image of American life replicable almost anywhere. But in Connecticut, where the,.. Read More;

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LoanDepot and CEO Hsieh sued by former COO over underwriting scheme

National Mortgage
Mortgage Finance
4 years ago

The former chief operating officer of loanDepot, Tamara "Tammy" Richards, is suing the company, alleging gender discrimination and wrongful termination,.. Read More;

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Fannie Mae, Freddie Mac extend multifamily forbearance indefinitely

National Mortgage
Mortgage Finance
4 years ago

The Federal Housing Finance Agency’s latest extension of forbearance on multifamily loans bought by government-sponsored enterprises Fannie Mae and Freddie,.. Read More;

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Fannie Mae, Freddie Mac modifications hit a 15-month high in 2Q

National Mortgage
Mortgage Finance
4 years ago

Single-family loan modifications at government-sponsored enterprises Fannie Mae and Freddie Mac rose nearly 45% between the first and second quarters,.. Read More;

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