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Secondary Marketing News correspondent directory | warehouse directory | MBS News Last Updated October 25, 2018 4:58 PM Central Business Falls to 6-Month Low at Freddie New business at the Federal Home Loan Mortgage Corp. retreated to its...
Agency Flow MSR Offerings Could Work Out to $1 Bil
A pair of co-issue flow offerings for servicing rights on agency mortgages could ultimately give the successful bidder servicing on more than $1 billion in loans. The first offering is for mortgage-servicing rights on between $25 million and $60...
loanDepot’s Jumbo Performance Strong, Conv Weak
loanDepot LLC does an excellent job of using technology to generate new business. But while its jumbo performance is strong, its conforming performance is considered weak. loanDepot is differentiates itself from other residential loan originators...
HouseCanary Fires Back at Amrock’s Fraud Accusations
HouseCanary is firing back at accusations made by Amrock Inc. that it used fraud to obtain a massive judgment -- suggesting Amrock might be behind stalking of HouseCanary employees. On Friday Amrock, an affiliate of Quicken Loans Inc., issued a...
Freddie Slashes 3-Yr Mortgage Origination Outlook
Between last year, this year and next year -- economists at the Federal Home Loan Mortgage Corp. have slashed their estimate of industry-wide originations by more than $200 billion. From July 1 through Sept. 30 of this year, residential loan...
Mortgage Originations, Servicing Rise at SunTrust
While home lending accelerated and servicing expanded at SunTrust Banks Inc., mortgage earnings were lower. Staffing subsided, and commercial mortgage delinquency spiked. In the three months ended mid-year 2018, SunTrust earned $895 million before...
Fannie Mae CEO Leaving
The chief executive officer of the Federal National Mortgage Association is leaving. In addition, the government-controlled enterprise is filling two other C-Suites. Mortgage Daily erroneously reported the status and dates of Mayopoulos' employment...
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