MCT’s New Co-Issue Marketplace, BAMCO, Adds BSI Financial Services
BSI Financial Services (BSI) has become the latest mortgage investor to join BAMCO, Mortgage Capital Trading’s (MCT) new marketplace for co-issue loan sales.
BAMCO brings...
Milliman Releases Latest Mortgage Default Index
Milliman Inc., a global consulting and actuarial firm, has shared the fourth-quarter 2022 results of the Milliman Mortgage Default Index (MMDI), which shows the...
RiskSpan Updates Edge Platform Portfolio Tool
RiskSpan, a technology company and source for data management and analytics for residential mortgage and structured products, has incorporated Flexible Loan Segmentation functionality into...
Angel Oak Places $240 Million in Loans in AOMT 2023-1 Securitization
Angel Oak Mortgage Inc., a real estate finance company focused on acquiring and investing in first-lien non-QM loans and other mortgage-related assets, says it...
Ginnie Mae Reduces Seasoning Period for Reperforming Loans
Ginnie Mae has revised its pooling requirements, with a reduced seasoning period for reperforming loans and an allowance that reperforming loans that meet those...
MCT Now Integrated with Freddie Mac Income Limits API
Mortgage Capital Trading’s (MCT) secondary marketing platform is now integrated with Freddie Mac’s Income Limits application programming interface (API), created for the first-time home...
Fannie Mae Prices First CAS REMIC Series of 2023
Fannie Mae has priced Connecticut Avenue Securities (CAS) Series 2023-R01, an approximately $731 million note offering that represents Fannie Mae's first CAS REMIC transaction...
Ginnie Mae Unveils VA Mortgage Liquidity Report
Ginnie Mae has made public its first comprehensive report on the secondary mortgage market liquidity of mortgages that are U.S. Department of Veterans Affairs...
Achieve Closes $175 Million HELOC Securitization
Achieve, a digital personal finance company, has closed a AAA-rated securitization backed by $175 million in newly originated home equity lines of credit (HELOC).
The...
Kennelly Joins Mortgage Capital Trading as Senior Director, Investor Services
Jennifer Kennelly recently joined Mortgage Capital Trading (MCT) as the new senior director of the firm’s quickly expanding investor services team.
Kennelly has 25 years...
Ginnie Mae Changes Increase Issuer Liquidity to Strengthen Mortgage Sector
Ginnie Mae is shortening the re-pooling seasoning requirement for re-performing loans from six months to three months and allowing issuers the option to pool...
Equifax Adds Telecommunications, Utility Insights to Mortgage Credit Process
Equifax is providing certain telecommunications, pay TV and utilities attributes to the mortgage industry to help streamline the mortgage underwriting process and support loans...
Transfer Technology from Staircase Automates Mortgage Servicing Rights
Staircase has launched MSR Transfer, a new technology that automates and streamlines mortgage servicing rights (MSR) transfers and orchestrates transactions between the buyer and...
Freddie Mac Prices $536 Million Securitization as Second SCRT of 2022
Freddie Mac has priced its second Seasoned Credit Risk Transfer Trust (SCRT) offering of 2022, a securitization of approximately $536 million including both guaranteed...
Optimal Blue Integrates ICE Mortgage Rate Feature into CompassPoint Platform
Black Knight Inc. has added ICE Mortgage Rate Lock Index Futures within CompassPoint, a risk management and loan sale platform offered by Optimal Blue,...
Q2 2022 Achieves Record Freddie Mac CRT Issuances
Freddie Mac’s Credit Risk Transfer (CRT) program under its single-family business has reported a second quarter 2022 CRT issuance of approximately $6.5 billion, protecting...
MortgageHippo Integrated With Polly
Polly, which offers a product and pricing engine (PPE), is now integrated with MortgageHippo, which offers a point-of-sale (POS) solution for mortgage lenders.
This means...
Vice Capital Markets Releases New API for Freddie Mac Cash Purchase Statement
Vice Capital Markets, a mortgage hedge advisory firm for independent lenders, banks and credit unions, says it is one of the first Freddie Mac-integrated...
Voxtur Acquires Blue Water Digital Mortgage Asset Platform
North American technology company Voxtur Analytics Corp.’s wholly owned U.S. subsidiary, Voxtur Analytics US Corp., has executed a purchase agreement for the acquisition of...
Radian Debuts Division Focused on Alternative Funding Sources for Lenders
Radian Group Inc. has launched Radian Mortgage Capital LLC (RMC), a mortgage conduit formed to provide residential mortgage lenders with an additional secondary-market option...