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Secondary Market

Winner Announced: Fannie Mae’s Non-Performing Loan Sale

Fannie Mae disclosed the results of its 11th non-performing loan sale recently. The deal includes 7,500 loans totaling and unpaid principal balance of $1.23 billion—representing one of the highest bids to date.

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Fitch Insights: A Discussion on the Future of RMBS

In a report from Fitch Ratings, the agency shares a recent roundtable discussion focused on RMBS process improvements. See what the experts had to say here..

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CIT Group Sells Reverse Mortgage Operation

In an effort to simplify its operations and become a regional commercial bank, CIT Group Inc., announced it will be selling Financial Freedom and its reverse mortgage portfolio to an unnamed buyer.

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ServiceLink Announces Rebranding

ServiceLink, a provider of transaction services for the mortgage and finance industries, recently announced its new branding that is more in line with its parent company, Fidelity National Financial (FNF).

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Ocwen Welcomes Christopher Whalen as Senior Consultant

Ocwen Financial Corporation, a financial services holding company, recently announced the addition of Christopher Whalen, Chairman of Whalen Global Advisors LLC, as a senior consultant and advisor.

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Mortgage Free Baby Boomers?

One of the biggest concerns of being a retired homeowner is financial security, one thing Baby Boomers may be doing better than their generational predecessors. Take a look at what Fannie Mae found out about the generation and their mortgage payment habits.

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Freddie Mac Announces Additional Hurricane Help

Freddie Mac recently announced their efforts to help those affected by the continued hurricane season through updates to their temporary Selling and Servicing requirements in Single-Family Seller/Servicer Guide Bulletin 2017-2021.

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FHFA’s Strategic Plan for the GSEs

What’s in store for the Federal Housing Finance Agency and the GSEs in the future? Take a look at the FHFA’s Strategic Plan for 2018-2022, in which the agency outlined three strategic goals.

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