The Beige Book, published eight times per year, summarizes key economic conditions by each of the Fed districts. Here's what else is happening in The Week Ahead.
Read More »Setting New Standards for Residential Mortgage-Backed Securities
Fitch Ratings is calling the newly recommended ARM fallback language a "positive development," ahead of the 2021 LIBOR expiration. Here's how it may impact RMBS.
Read More »Blackstone Group Leaves Single-Family Rental Business
The Blackstone Group Inc. has sold the last of its shares in Invitation Homes, the company’s rental business, which it created in 2012 to capitalize on the growing demand for rental properties.
Read More »Update on Executive Hires and Partnerships
Get the latest on new executives in servicing and real estate law and learn about new tech partnerships in this Industry Pulse.
Read More »Fitch Selects Red Bell Real Estate Model for RMBS Ratings
Red Bell Real Estate, LLC, a Radian subsidiary, was named among a select group of automated valuation model (AVM) providers by credit rating agency, Fitch Ratings, to supply AVMs in support of Fitch’s rating of residential mortgage-backed securities (RMBS) transactions.
Read More »Potestivo & Associates, P.C. Adds VP
Potestivo & Associates, P.C. is has announced the promotion of Megan M. Johnson, effective October 25, 2019. Johnson has been promoted to the role of VP, and in her new capacity she will oversee firm management and operations.
Read More »Gateway First Bank Appoints New CCO
Oklahoma-based Gateway First Bank has announced the appointment of Deirdre Cherry as its CCO. As CCO, Cherry will be responsible for the review of Gateway’s loan portfolio on a continuing basis to guide risk-appropriate growth, assist in the detection of deterioration in loan quality and review the portfolio to ensure compliance with state and federal regulations.
Read More »Freddie Mac Settles $22M Non-Performing Loan Sale
The sold pool included $22.0 million in UPB and an average loan balance of $253,100. Here's how much NPLs the GSE has sold to date.
Read More »Industry Impact: Fed Identifies Economic Threats
Though the Federal Reserve has stopped cutting interest rates for now, there are still a few negative factors impacting the housing industry's growth and overall economic conditions.
Read More »First-Time Mortgage Default Rates Going Against Trends
While default rates are low overall, why are first-time mortgage defaults rising? Click through to learn more.
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