GSEs Publish Final Underserved Market Plans
As mandated by the Federal Housing Finance Agency (FHFA), government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac have published their final Duty to Serve...
Fed Raises Rates 0.25%, Longer-Term Policy Unchanged
Citing that the “labor market has continued to strengthen” and that “economic activity has been rising at a solid rate,” the Federal Open Market...
John Ardy: Secondary Market Trading Getting Faster, More Granular with Technology
PERSON OF THE WEEK: In case you haven’t noticed, technology is completely changing how the secondary market operates - particularly with regard to speed...
Resitrader Integrates with Fannie Mae’s PE-Whole Loan Application
Resitrader Inc., an online exchange for whole loan trading in the secondary mortgage market, has completed full integration with Fannie Mae's Pricing & Execution-Whole...
Tax Servicing an ‘Intricate Part of the Loan Servicing Industry’
There are more than 24,000 tax agencies or taxing authorities across the country - each with its own rules, processes and guidelines.
Compass Analytics Enhances its Product and Pricing Engine
Technology firm Compass Analytics reports that it has enhanced its product and pricing engine, CompassPPE, with expanded re-lock policies, historical originator performance data and...
South Street Securities Adopts Optimal Blue’s Comergence Platform
In a move that further demonstrates its position as a premier broker-dealer in a niche market, South Street Securities, a Tier 1 member of...
Tom Gillen: Expect to See Increasing Use of Alternative Credit Data
PERSON OF THE WEEK: Tom Gillen is senior vice president of secondary marketing for Churchill Mortgage, which offers residential mortgages across 44 states.
MortgageOrb recently...
First American Launches New API Platform That Spans the Spectrum
To help lenders and fintechs achieve digital transformation more quickly, First American Mortgage Solutions recently unveiled a new API platform that it has dubbed...
Capsilon Rolls Out New Digital Mortgage Platform and POS Portals
Mortgage technology provider Capsilon has unveiled the Capsilon Digital Mortgage Platform, an all-digital mortgage processing platform that utilizes Intelligent Process Automation to transform mortgage...
Mel Watt: Need For Housing Finance Reform Becoming More Urgent
Mel Watt, director of the Federal Housing Finance Agency (FHFA), on Monday once again sounded the alarm on housing finance reform, telling attendees at...
Optimal Blue Adds New Data Visualization Tool to its Suite of Offerings
Optimal Blue, which offers product and pricing data and tools, as well as hedging solutions, to the mortgage industry, has released a new data...
FHFA: G-Fees More Equitable for Extra-Small Mortgage Lenders in 2016
The average single-family guarantee fees (g-fees) charged by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac (all loans) fell by two basis points in...
Opus CMC Hires Bruce Legan as Managing Director of Business Development
Bruce Legan has joined Opus Capital Markets Consultants, a provider of mortgage due diligence and a wholly owned subsidiary of Wipro Ltd., as managing...
Mel Watt: Housing Finance Reform Needs to Happen Soon
Mel Watt tells Congress the FHFA will not hesitate to start recapitalizing the GSEs should it become necessary to protect taxpayers.
The Mortgage Collaborative Using Resitrader’s Secondary Platform
Resitrader Inc., an online exchange for whole loan trading in the secondary mortgage market, says it will be providing the Resitrader platform as a...
LoanScorecard Enhances Tech to Better Connect TPOs, Wholesalers
LoanScorecard, a provider of automated underwriting and compliance solutions, says new turnkey web features for its Portfolio Producer online product distribution system will enable...
Clayton Debuts Private-Label Securitization Readiness Offering
Clayton Holdings LLC, a provider of loan due diligence, surveillance, REO management, consulting, valuation, title and settlement services, says it is now offering a...
Fannie Mae: Economic Growth To Accelerate In Q2 Of 2011
According to the December 2010 Economic Outlook released by Fannie Mae's Economics & Mortgage Market Analysis Group, a number of positive factors are coming...