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Impac, Angel Oak focus on non-QM with mixed results

National Mortgage
Mortgage Finance
5 years ago

Two players in the market for loans to outside-the-box borrowers generated mixed results for the second quarter, when product margins,.. Read More;

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Bidens eviction ban wins in court, Fannie Mae to include rent payments in underwriting & more of the week's top news

National Mortgage
Mortgage Finance
5 years ago

Also: Rocket announces expansion and Ginnie Mae extends comment period on nonbank capital plan,.. Read More;

post

Judge rules Bidens ban on evictions can remain in place

National Mortgage
Mortgage Finance
5 years ago

A federal judge in Washington ruled that a temporary U.S. ban on evictions in parts of the country hit hardest,.. Read More;

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Ginnie Mae extends comment period on nonbank capital plan

National Mortgage
Mortgage Finance
5 years ago

Ginnie Mae will give more time for financial institutions to comment on a plan that would impose new risk-based capital,.. Read More;

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Stress tests show GSEs would have enough capital to cover crisis losses

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — The mortgage giants Fannie Mae and Freddie Mac would face up to $20 billion in combined credit losses,.. Read More;

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Rocket announces expansion plans in 2Q earnings call

National Mortgage
Mortgage Finance
5 years ago

First, it was autos, now Rocket Cos. is making moves into home buying and solar energy.Rocket Cos. (RKT) is looking,.. Read More;

post

Average two-year fix rate drops 2bps, Moneyfacts finds

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The average five-year fix also dropped 2 basis points, moving from 2.72% to 2.70% during the week, while the average,.. Read More;

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Blog: An ethical extension of your business

Mortgage Finance Gazette
Mortgage Finance
5 years ago

In my last article I talked about the similarities to be found in corporate and sporting worlds across leadership, team make-up and,.. Read More;

post

Is leadership void at Ginnie Mae stymieing mortgage policy?

National Mortgage
Mortgage Finance
5 years ago

WASHINGTON — Last month, nonbank lenders were outraged over a Ginnie Mae plan to impose capital requirements. Industry observers say,.. Read More;

post

Finance of America, Ocwen turn to reverse mortgages as margins shrink

National Mortgage
Mortgage Finance
5 years ago

As mortgage companies broadly wrestle with normalizing revenues for traditional loans, reverse products are becoming more prominent in some lenders’,.. Read More;

post

Rocket Cos. launches home buying and selling platform

National Mortgage
Mortgage Finance
5 years ago

Rocket Homes, the real estate arm of Rocket Cos., is building an all-encompassing platform for home buyers and sellers alike.The,.. Read More;

post

HUD, FHFA pact redoubles fair housing enforcement for Fannie, Freddie

National Mortgage
Mortgage Finance
5 years ago

The Federal Housing Finance Agency and the Department of Housing and Urban Development onThursday entered into a memorandum of understanding,.. Read More;

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