Rob Lux is named CEO of Ranieri Solutions, where he will work to expand the company’s servicing technology and cloud-native servicing platform.
Read More »Freddie Mac Names New Director
The GSE adds Roy Swan, current Director of Mission Investments at the Ford Foundation, to its Board, bringing 30-plus years of experience in law, banking, corporate finance, public policy, and investment management to the role.
Read More »HUD Honors Wisconsin’s Healthy Housing Initiatives Portfolio
A Wisconsin housing program has been recognized for its efforts in reducing lead paint hazards and enhancing asthma education while ensuring a healthier living space for children.
Read More »Expert Insights: Maximizing Loss Mitigation Options
Donna Schmidt, Managing Director and Founder of DLS Servicing, discusses the intricacies and difficulties in administering the loss mitigation waterfall.
Read More »HUD Secretary Testifies Before House Committee
Marcia L. Fudge took center stage before the House Financial Services Committee recently to highlight HUD’s work to boost the nation’s housing supply and expand access to affordable housing.
Read More »Senate Banking Committee Members Address Navy Federal Over Racial Lending Disparities
A group of 10 U.S. Senators have issued a letter to the heads of HUD and the CFPB calling for an examination of Navy Federal Credit Union’s practices after a report claimed the institution was more than twice as likely to deny loans for Black applicants as white applicants.
Read More »Commercial Property Delinquencies Jumped in Q4
According to the MBA, continued challenges in the commercial real estate sector have pushed the delinquency rate on CRE-backed loans higher in the final quarter of 2023.
Read More »Ginnie Mae Planning New Reverse MBS
Due to continued liquidity constraints in the reverse mortgage space, Ginnie Mae has begun exploring a new securitization product that would accept HECM loans with balances above 98% of FHA’s Maximum Claim Amount.
Read More »Ginnie Mae’s MBS Portfolio Surpasses $2.5T
December’s new mortgage-backed securities issuance by Ginnie Mae will support the financing of nearly 95,000 households, including more than 47,000 for first-time homebuyers.
Read More »U.S. Home Appraisals Slide YoY in Q3
An analysis of data by the FHFA of Uniform Appraisal Dataset Aggregate Statistics for the third quarter has found a year-over-year decline in the total number of U.S. home appraisals.
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