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Ginnie Mae executive Joe Gormley nominated as president

National Mortgage
Mortgage Finance
6 months ago

Ginnie Mae, a government corporation with the Department of Housing and Urban Development that protects funding for many U.S. mortgage,.. Read More;

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Treasury rally pauses with $125 billion of bond sales due

National Mortgage
Mortgage Finance
6 months ago

US Treasuries halted Friday's rally as traders braced for a hefty slate of bond sales this week.  The yield on,.. Read More;

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Canyon Partners inks deal helping A&D sell more mortgage bonds

National Mortgage
Mortgage Finance
6 months ago

Alternative asset manager Canyon Partners is committing $250 million to buy new mortgage bonds created by A&D Mortgage LLC, a,.. Read More;

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Senate passes trigger lead ban

National Mortgage
Mortgage Finance
6 months ago

The Senate passed the Homebuyers Privacy Protection Act on Saturday, a move that will bring to an end most types,.. Read More;

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Homeowners paying more for less insurance

National Mortgage
Mortgage Finance
6 months ago

Homeowners already stretched by high mortgage payments may be strained even more by another escalating expense: homeowner's insurance. The average,.. Read More;

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Borrowers accuse CrossCountry of kickback scheme

National Mortgage
Mortgage Finance
6 months ago

Six North Carolina borrowers are suing CrossCountry Mortgage and a local brokerage for an alleged kickback scheme disguised as a,.. Read More;

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Fresh tariffs from Trump target homebuilding costs

National Mortgage
Mortgage Finance
6 months ago

The impact on housing of President Trump's latest set of tariff announcements, including a 35% levy on goods from Canada,.. Read More;

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How AI is changing the cost of a data breach

National Mortgage
Mortgage Finance
6 months ago

Lenders sprinting to adopt artificial intelligence solutions could be opening the door to increasingly damaging cybersecurity incidents.Nearly all types of,.. Read More;

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Senators propose natural-disaster mortgage relief bill

National Mortgage
Mortgage Finance
6 months ago

Lawmakers from two wildfire-stricken states put forth a new Senate bill that would mandate mortgage relief for homeowners in the,.. Read More;

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Weak jobs data boosts odds of mortgage rate drop

National Mortgage
Mortgage Finance
6 months ago

Overall employment numbers fell below what the market anticipated, with 73,000 July job additions compared to estimates for 104,000, making,.. Read More;

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Wells Fargo to name Scharf chairman

National Mortgage
Mortgage Finance
6 months ago

Wells Fargo Wells Fargo announced late Thursday it plans to appoint President and CEO Charlie Scharf chairman of,.. Read More;

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Rocket profitable in Q2 in spite of weak spring market

National Mortgage
Mortgage Finance
6 months ago

Rocket Cos. returned to profit in the second quarter, overcoming a sluggish start to the spring home sales season that,.. Read More;

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