Black Knight Buying Optimal Blue
Black Knight Inc. says it is acquiring secondary marketing technology specialist Optimal Blue for $1.8 billion. The transaction is expected to close in the...
Freddie Mac Prices New RPL Securitization
Freddie Mac has priced its second Seasoned Credit Risk Transfer Trust (SCRT) offering of the year: a securitization of approximately $1.6 billion, including both...
Evolve Mortgage Services Gets Nod from Fitch Ratings
Fitch Ratings has designated Evolve Mortgage Services as an “Acceptable” third-party review (TPR) firm for loans included in Fitch-rated residential mortgage-backed securities (RMBS).
The rating...
CFPB Tackles Impending GSE Patch Expiration
The Consumer Financial Protection Bureau (CFPB) has issued two Notices of Proposed Rulemaking (NPRMs) to address the impending expiration of the Government-Sponsored Enterprises Patch.
The...
Fannie Mae Locks Down Pair of CIRT Transactions
Fannie Mae says it has secured commitments for two front-end Credit Insurance Risk Transfer (CIRT) transactions, CIRT FE 2020-1 and CIRT FE 2020-2, that...
Angel Oak Wraps Up Securitization of Non-QM Mortgages
Angel Oak Capital Advisors LLC has completed a $346 million securitization comprising non-qualified mortgage (non-QM) loans primarily originated by its affiliated mortgage lenders Angel...
FHFA Taps Kate Fulton as Chief Operating Officer
Kate Fulton is the new chief operating officer (COO) at the Federal Housing Finance Agency (FHFA).
Fulton was previously COO for the Consumer Financial Protection...
FHFA Directs GSEs to Purchase Certain Loans in Forbearance
In a move that will boost liquidity for the mortgage lending market, the Federal Housing Finance Agency (FHFA) has directed government-sponsored enterprises (GSEs) Fannie Mae...
Optimal Blue Launches Market Analytics Solution
Secondary marketing solutions and data services provider Optimal Blue has released its Market Analytics solution: a platform that leverages primary mortgage market data to...
Fed, FHFA Aim to Maintain Mortgage Market Liquidity
The Federal Reserve has taken steps to keep credit moving during this time of crisis and uncertainty, committing to continued purchases of Treasury securities...
Fannie Mae Announces Winning Bidders of Loan-Pool Sale
Fannie Mae will soon close on a reperforming loan sale transaction that included 12,700 loans totaling $1.8 billion in unpaid principal balance, divided into...
Ellie Mae and Optimal Blue Expanding Secondary Marketing Tech Relationship
Ellie Mae is expanding its partnership with Optimal Blue with collaboration on multiple API-based integrations between the Ellie Mae lending platform and Optimal Blue's...
Fannie Mae Moves Mortgage Credit Risk with CIRT Transactions
Fannie Mae has completed its first two Credit Insurance Risk Transfer (CIRT) transactions of 2020, CIRT 2020-1 and CIRT 2020-2, which together cover $30.7...
Black Knight Rolls Out Tool For Measuring Prepayment Risk on Multifamily Loans
Black Knight has released a new analytics tool that measures prepayment and credit risk of multifamily mortgage assets.
The new AFT Multifamily Model Is designed...
Fannie Mae: Housing Likely to Stay on ‘Firm Growth Track’
New forecasts from Fannie Mae’s Economic and Strategic Research (ESR) Group suggest that low mortgage rates and strong demand will help grow residential fixed...
Evolve Mortgage Services Taps Mark Hughes, Ann Gibbons as Managing Directors
Mark Hughes and Ann Gibbons recently joined Evolve Mortgage Services, a provider of technology-enabled fulfillment, due diligence services and customizable software, as managing directors.
Prior...
Umpqua Promotes Skinner to EVP and Head of Home Lending
Umpqua Bank, a subsidiary of Umpqua Holdings Corp., has promoted Kevin Skinner to executive vice president and head of home lending.
Skinner's promotion follows the...
Radian Group Sells Clayton Services to Covius Holdings
Covius Holdings Inc., a provider of technology-enabled solutions to the financial services industry, has acquired loan due diligence and credit risk management surveillance specialist...
Fannie Mae Issues $1 Billion CAS REMIC
Fannie Mae has priced its Connecticut Avenue Securities (CAS) Series 2020-R01, a $1.03 billion note offering and the GSE’s first CAS REMIC transaction of...
Ginnie Mae Taps Accenture to Help Modernize Securitization Platform
Accenture says it has been awarded a position on a blanket purchase agreement (BPA) to provide Ginnie Mae with IT software development services and...