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People on the move: Feb. 14

National Mortgage
Mortgage Finance
6 years ago

ArizonaPhoenixWestern Alliance Bank has added Chris Romano to its mortgage warehouse lending team as senior vice president. ,.. Read More;

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Freddie Mac earnings mixed as it builds net worth

National Mortgage
Mortgage Finance
6 years ago

Freddie Mac saw a decline in net profit in 2019 due to decreased interest rate income, lower amortization revenue and,.. Read More;

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Fannie Mae rededicates itself to hedge accounting, multifamily CAS

National Mortgage
Mortgage Finance
6 years ago

Fannie Mae identified the adoption of hedge accounting and regular issuance of multifamily Connecticut Avenue Securities deals as among strategies,.. Read More;

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Arrears down 9% but repossessions rise by 17%

Mortgage Finance Gazette
Mortgage Finance
6 years ago

In Q4 there were 70,880 cases in arrears and within this total, 21,770 homeowner mortgages had significant arrears (10% or,.. Read More;

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Recent deal surge filling up non-QM RMBS pipeline

National Mortgage
Mortgage Finance
6 years ago

Non-qualified mortgage loan securitization was one of the fastest-rising sectors when it came to private-label activity in 2018 and 2019.For,.. Read More;

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Another housing minister falls by the wayside

Mortgage Finance Gazette
Mortgage Finance
6 years ago

Writing on Twitter, McVey said: “I’m very sorry to be relieved of my duties as Housing Minister. “I wish my successor,.. Read More;

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Record low for second charge repossessions

Mortgage Finance Gazette
Mortgage Finance
6 years ago

The annual total of repossessions in this market fell to a record low of 98 in 2019 from 149 in,.. Read More;

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First American buying mortgage fintech company Docutech

National Mortgage
Mortgage Finance
6 years ago

First American Financial, a title insurance underwriter and settlement services provider, is acquiring mortgage document firm Docutech for $350 million,.. Read More;

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Mortgage possession claims up 11%

Mortgage Finance Gazette
Mortgage Finance
6 years ago

Mortgage orders for possession were up by 24% to 4,459, and the actual number of repossessions rose by 9% to,.. Read More;

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Mortgage rates rise for the first time in four weeks

National Mortgage
Mortgage Finance
6 years ago

Mortgage rates ticked up slightly, marking the first increase in four weeks, but they remain at levels which encourage borrowers,.. Read More;

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Philadelphians facing foreclosure get a reprieve

National Mortgage
Mortgage Finance
6 years ago

The threat of foreclosure has long haunted Lisa Mackenzie.For the last four years, she has maneuvered through bankruptcy while also,.. Read More;

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U.K. housing market sees renewed optimism in January

National Mortgage
Mortgage Finance
6 years ago

U.K. real estate agents reported that house prices increased for the first time in more than a year last month.In,.. Read More;

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