Winner Announced for HUD Vacant Loan Sale
By Kendall Baer Who is the winner of the five HUD-held residential mortgage pools consisting of approximately 1,661 notes with a total loan balance of…
Day: December 12, 2016
Fannie Mae Offers Appraisal Waiver for Eligible Loans
By Brian Honea Certain eligible loans backed by Fannie Mae will no longer need appraisals after the GSE recently implemented a technology update. The post…
MBS RECAP: Bonds Battle Back to Unchanged After Auctions
By Matthew Graham Posted To: MBS Commentary We were hoping to see some traction for bond markets after today’s Treasury auctions, and we got it!…
Mortgage Rates Hold Fairly Steady to Begin Week
By Matthew Graham Posted To: Mortgage Rate Watch Mortgage rates were mixed today, depending on the lender, as well as the time of day. Earlier…
GSEs Announce Annual Eviction Moratorium
By Kendall Baer Fannie Mae and Freddie Mac will suspend evictions as the holiday season approaches. The post GSEs Announce Annual Eviction Moratorium appeared first…
Credit Unions Weigh in on GSE Reform
By Brian Honea The chief of the National Association of Federal Credit Unions has asked Congress to keep certain principles in mind while drafting a…
The Tide is Turning: RMBS Liquidation Timelines Decline
By Kendall Baer According to a recent report from Fitch Ratings, liquidation timelines on defaulted mortgage loans may have hit their peak. The post The…
Ally Bank Introduces Direct-To-Consumer Mortgage System
By Kendall Baer Ally Home will offer a variety of mortgage servicing products to assist homebuyers in the loan process. The post Ally Bank Introduces…