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Commoditization of mortgages, plus technology that eases the refinance process, and the regulatory environment, all contributed to the decision.
January 17 -
The changes add some steps that would have to be taken before Fannie Mae and Freddie Mac could exit following statements from a Trump ally indicating plans for a near-term release.
January 2 -
Sam Valverde, acting president of Ginnie Mae, has resigned after about six months in the job.
November 15 -
Drey Roberts and his team move to de novo warehouse lender Primis Bank as former home Independent Bank makes a strategic exit.
October 30 -
Freddie Mac also indicated that it will be proceeding with its closely watched second-lien pilot, while Fannie reported gains in serving credit invisible borrowers.
October 29 -
The successor to Michael Hutchins, who filled the role on an interim basis, guided a well-known bank's real estate business through the financial crisis.
September 10 -
Thanh Roettele will help guide the Canadian bank's growth in the mortgage warehouse space in one of its latest moves aimed at the U.S. market.
August 14 -
Election speculation about policy change at Fannie Mae has boosted its stock slightly this year. It's also profitable, but there's much more to consider.
July 30 -
The Council of Federal Home Loan Banks executive shares his thoughts on a particularly active period for advances, and system reviews with a lot riding on them.
July 2 -
The Federal Housing Administration also instituted a new language preference requirement that servicers must observe in transfers.
May 20