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The Domino Effect

From labor shortages and supply-chain issues to an ongoing low-volume environment, high-level economic factors have challenged the property preservation sector like never before. Here’s how the industry is finding a way forward.

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SitusAMC Adds 1,500 Employees

SitusAMC, a New York-based real estate advisory firm, has hired more than 1,500 employees to boost support capacity for both originations and secondary market due diligence. The expansion is expected to expedite the flow of loans into private-label securitizations.  Mortgage production skyrocketed ...

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FHFA Announces Three Staffing Updates

Effective November 1, the Federal Housing Finance Agency (FHFA) has announced the appointment of three people to permanent executive positions within the agency.  Firstly, Acting COO Katrina Jones was named the permanent COO of the agency.  Jones, who has been the acting COO since August, brings 35 ...

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GSEs Report Strong Q3 Results

Fannie Mae reported gains in net revenues in the third quarter of 2021, and Freddie Mac experienced a 4% rise, spurred by mortgage portfolio growth and higher average G-fees.

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