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..
Read More »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.
Read More »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).
Read More »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.
Read More »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.
Read More »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.
Read More »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.
Read More »GSE Portfolio Shows Improvement
The Urban Institute September chart book was recently released, outlining refinances, serious delinquencies, and the government sponsored enterprises delinquency rates, amongst various other statistics related to the industry.
Read More »Fannie Mae’s Economic Update
Fannie Mae’s Economic and Strategic Research Group (ESR) released its September 2017 Economic and Housing Outlook, which includes monthly updates on economic development, economic forecast, multifamily market commentary, and housing forecast. This month, the economic developments report revealed an improved ...
Read More »Ginnie Mae Responds to Senator Warren on VA Lenders
Thursday, in a letter to Senator Elizabeth Warren (D-MA), Ginnie Mae explained how it is curbing VA refinance speeds and aggressive marketing by some VA approved lenders.
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