Fannie Mae Multifamily Closed 2024 With More Than $55 Billion in Volume
Fannie Mae provided more than $55 billion in financing to support the U.S. multifamily market in 2024, the firm reports.
That includes more than $6.3...
Trump Administration Directs Federal Agencies to Lower the Cost of Housing
The Trump Administration on Monday issued a broad order to all federal agencies to develop and implement strategies that will “restore purchasing power to...
Fannie Mae: Expect Another Year of Sluggish Existing-Home Sales
The average rate for a 30-year will remain well above 6% for the near-future and existing-home sales will remain muted due to high home...
Mortgage-Centric AI Professional Services Support Now Offered by BlackFin
Mortgage consultancy BlackFin reports that its professional services team is now assisting mortgage teams at banks, credit unions and independent mortgage bankers with the...
Bill Pulte Nominated to Serve as Director of the FHFA
President-elect Donald Trump has nominated Bill Pulte to serve as director of the Federal Housing Finance Agency (FHFA).
Pulte runs a private equity firm and...
MCT Updates its MSR Valuation Platform with Enhanced Analytics, Reporting
Mortgage Capital Trading (MCT), has released an updated version of its mortgage servicing rights (MSR) valuation platform that addresses the industry's growing need for...
MCT Reports 16 Percent Decrease in Mortgage Lock Volume in December
Mortgage Capital Trading, which offers mortgage capital markets technology, reports a 16.7% decrease in mortgage lock volume in December compared with November.
While there was...
FHFA Takes Preliminary Step to Transition Fannie Mae, Freddie Mac Out of Conservatorship
The Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury have amended Fannie Mae and Freddie Mac’s Preferred Stock Purchase Agreements...
A&D Mortgage Prices Non-QM Securitization
A&D Mortgage has priced its latest securitization, a $303.9 million transaction backed by 872 newly originated non-prime residential mortgages.
Atlas Merchant Capital and Imperial Fund...
Mortgage Lock Volume Fell 15 Percent in November on Higher Rates
Mortgage lock volume plummeted 15% in November compared with October, as rates increased, according to Mortgage Capital Trading (MCT).
While the market exhibited relative stability...
Vice Capital Markets Signs 50th Investor to Whole Loan Trading Platform
Vice Capital Markets, a mortgage hedge advisory firm for independent lenders, banks and credit unions, reports that it has added its 50th investor to...
Farmer Mac Wraps Up Agricultural Mortgage Securitization
Farmer Mac has completed a $318.8 million securitization of agricultural mortgage loans, representing the organization’s fifth transaction in the FARM series since 2021.
The mortgage...
CHLA Requests Ginnie Mae to Allow Loan-Level Pooling
Due to increasing concern that Ginnie Mae issuers cannot transfer loans within a pool to transact a full loan mortgage servicing right (MSR) sale,...
Snapdocs Report Shows E-Closing Technology is a Game Changer for Mortgage Lenders
E-closing technology is a game-changer for mortgage lenders in optimizing their secondary market strategies, a research report from Snapdocs shows.
The report, conducted in partnership...
Sam Valverde Steps Down as Acting President of Ginnie Mae, Gregory Keith to Assume...
Sam Valverde, acting president of Ginnie Mae, will step down effective November 30.
Valverde has served as acting president of Ginnie Mae since May. He...
MCT: Mortgage Lock Volume Increased 2.5 Percent in October
Despite market volatility, mortgage lock volume increased 2.5% in October compared with September, according to Mortgage Capital Trading (MCT), which offers mortgage capital markets...
Optimal Blue Promotes Two Industry Experts to Executive Roles
Erin Wester has been promoted to chief product officer while Mike Vough has been promoted to head of corporate strategy at secondary marketing software...
Fannie Mae Closes Sale of 8,678 Reperforming Loans With $1.42B in UPB
Fannie Mae recently auctioned 8,678 reperforming mortgage loans with about $1.42 billion in unpaid principal balance (UPB), offered in three pools.
The winning bidder for...
A&D Mortgage Announces $390.6 Million Securitization of Non-QM Loans
Non-QM lender A&D Mortgage has issued its latest securitization, valued at $390.6 million.
The securitization is backed by a pool of 1,171 mostly newly originated...
GSEs Expand Eligibility for Appraisal Waivers on Purchase Loans, Among Other Policy Updates
The Federal Housing Finance Agency (FHFA) has announced updates to several Fannie Mae and Freddie Mac policies including expanding eligibility for appraisal waivers on...