Fannie Mae's sixth Credit Insurance Risk Transfer (CIRT) transaction transaction is part of the GSE’s effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market. Click through to learn the full details of this latest transaction.
Read More »NFIP Extended Through November
President Donald Trump recently signed a continuing resolution that will both avoid a federal government shutdown and the National Flood Insurance Program through November 21.
Read More »FHFA Director Mark Calabria Talks Increased GSE Capital Retention
The Treasury and the FHFA reached an agreement that will permit Fannie Mae and Freddie Mac to retain additional earnings in excess of the $3 billion capital reserves currently permitted by their PSPAs.
Read More »What Wells Fargo’s New CEO Means for the Industry
The Board of Directors of Wells Fargo & Company recently announced that it has named Charles W. Scharf as the company’s CEO and President, taking over for interim CEO and President C. Allen Parker.
Read More »Sun West Mortgage Partners with Cloudvirga
Sun West Mortgage Company recently announced its decision to license Cloudvirga, a digital mortgage point-of-sale software provider, and its suite of technology offerings to Sun West Mortgage loan officers and borrowers.
Read More »The Industry Pulse: Updates on a360inc, Mortgage Cadence, and More
From new partnerships and programs to new tech, get the latest industry buzz in this update.
Read More »An Eye on Trends in Fintech and Foreclosure
On the third day of the 16th Five Star Conference and Expo, the Diversity and Inclusion Lab, Fintech Lab, and Foreclosure Lab provided attendees with key information for their respective businesses, with a focus on getting ready for changes.
Read More »The Geographic “Flip-Flop” in Home Price Growth
The S&P CoreLogic Case-Shiller Indices reported a 3.2% annual gain in July, but according to experts, some cities are leading the charge while others are falling behind.
Read More »Talking Property Preservation and Diversity
In this Video Spotlight, Cheryl Travis-Johnson, COO, VRM Mortgage Services discusses the biggest challenges confronting property preservation, as well as ways companies can better promote diversity.
Read More »Foreclosures Levels Continue to Drop
According to the latest data from Black Knight, mortgage performance continued to improve in August, as foreclosures decrease and prepayments increase.
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