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Apollo's bet to take on banks hit snags before Atlas CEO's exit

National Mortgage
Mortgage Finance
10 months ago

(Bloomberg) -- The deal had all the hallmarks of Wall Street's inevitable power shift: Apollo Global Management Inc., king of,.. Read More;

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Mr. Cooper makes executive changes focused on digital mortgages

National Mortgage
Mortgage Finance
11 months ago

Mr. Cooper is making management changes that put more emphasis on technology and add to a restructuring trend among publicly-traded,.. Read More;

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Why does the rise in vacant homes not solve inventory woes?

National Mortgage
Mortgage Finance
11 months ago

Vacant home rates increased nationwide in 2023 over the prior year, and these properties are empty for many reasons beyond,.. Read More;

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Ginnie Mae giving investors a deeper look at MBS profiles

National Mortgage
Mortgage Finance
11 months ago

Investors will get deeper insights into rural housing profiles within Ginnie Mae guaranteed mortgage-backed securities.Ginnie will share monthly disclosures detailing,.. Read More;

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Treasury yields rise as Fed rate-cut hopes fade before CPI

National Mortgage
Mortgage Finance
11 months ago

U.S. Treasury yields rose as traders nixed bets on additional Federal Reserve interest-rate cuts this year ahead of inflation data,.. Read More;

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Federal flood maps are no match for Florida's double hurricane

National Mortgage
Mortgage Finance
11 months ago

Even before the second megastorm in as many weeks brings devastating floodwaters to the Southeast U.S., it's already clear that federal flood-risk,.. Read More;

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Mortgage broker Meridian will be freed from Freddie Mac ban

National Mortgage
Mortgage Finance
11 months ago

Mortgage broker Meridian Capital Group will be freed from a Freddie Mac ban months after Freddie stopped buying loans handled,.. Read More;

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Tim Johnson, former Senate Banking Committee chairman, dies at 77

National Mortgage
Mortgage Finance
11 months ago

Sen. Tim Johnson, D-S.D., at a Senate Banking Committee hearing in 2014. Andrew Harrer/Bloomberg WASHINGTON — Sen. Tim,.. Read More;

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Hurricane Milton's damage to Florida could exceed $100 billion

National Mortgage
Mortgage Finance
11 months ago

Hurricane Milton, currently a Category 4 storm, is expected to make landfall on Florida's west coast Wednesday night or early,.. Read More;

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Fannie Mae, Freddie Mac regulator ushers in new housing index

National Mortgage
Mortgage Finance
11 months ago

Chip Chipman/Bloomberg The Federal Housing Finance Agency introduced two new datasets to provide industry insights into manufactured housing,,.. Read More;

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Judge rejects Mr. Cooper's bid to stop 'junk fee' lawsuit

National Mortgage
Mortgage Finance
11 months ago

A federal lawsuit accusing Mr. Cooper of charging junk fees will advance over the servicer's objections.A judge Monday denied Mr.,.. Read More;

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Rising rates had a pronounced impact on one category of loans

National Mortgage
Mortgage Finance
11 months ago

Rising mortgage rates last week kept consumers on the sidelines. The Mortgage Bankers Association reported both purchase and refinance applications receding,.. Read More;

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