GSE Refinance Activity Soars
The last time that the monthly volume of government-sponsored enterprise refinances was this high was in 2013. The Federal National Mortgage Association was behind the surge.
Fannie, Freddie Update Seller-Servicer Requirements
Mortgage companies that want to continue doing business with Fannie Mae and Freddie Mac will soon have to comply with new operational and financial requirements.
Billions of Dollars in RMBS Transactions
During the last 90 days, several residential mortgage-backed securities and other mortgage-related transactions hit the market.
Experts Address Future of Secondary Mortgage Market
Who will the giants of the secondary mortgage market pass the baton to as their investment footprints diminish over the next several years?
Lenders Refine Management Teams
Recent executive appointments in real estate finance include a range of positions at a variety of residential and commercial mortgage firms.
Fannie Sale Follows Similar Transactions
Fannie Mae said it has awarded winning bids on the sale of non-performing loans. Two other recent similar transactions involved distressed and re-performing loans.
Silicon Valley Has Top Gain in Mortgage Originations
The latest estimate of residential loan originations during the first three months of this year had business slowing from the prior quarter. But business accelerated in Silicon Valley.
Complaint Accuses Fannie of Discrimination
A complaint filed against the Federal National Mortgage Association by multiple fair housing groups accuses the government-controlled enterprise of discrimination.
For Sale: Fannie MSRs
Mortgage servicing rights on more than $200 million in Federal National Mortgage Association loans are available to the highest bidder.
Mortgage Credit Conditions Continue to Ease
Lenders continue to loosen standards on home loans. Government and jumbo programs saw the most easing, while conventional conditions tightened.