Secondary

The Federal Housing Finance Agency (FHFA) is shifting its policy by enabling Fannie Mae and Freddie Mac (the Enterprises) to re-enter the Low Income Housing Tax Credit (LIHTC) market as equity investors on a limited basis
The Federal Housing Finance Agency (FHFA) is shifting its policy by enabling Fannie Mae and Freddie Mac (the Enterprises) to re-enter the Low Income Housing Tax Credit (LIHTC) market as equity investors on a limited basis.   The FHFA explained that this change is based on the government-sponsored... Keep Reading....
Fannie Mae announced that it recorded $3 billion net income in the third quarter, a drop from the $3.2 billion net income earned in the second quarter
Fannie Mae announced that it recorded $3 billion net income in the third quarter, a drop from the $3.2 billion net income earned in the second quarter. The government-sponsored enterprise (GSE) stated the decline was primarily caused by higher credit-related expenses, mostly from losses following... more
Freddie Mac ended the third quarter with $4.7 billion in net income, a substantial upswing from the $1.7 billion reported in the second quarter
Freddie Mac ended the third quarter with $4.7 billion in net income, a substantial upswing from the $1.7 billion reported in the second quarter. This was attributed to a $2.9 billion after-tax benefit from “mortgage-related securities litigation settlement and continued strong underlying business... more
Mortgage Capital Trading Inc. (MCT) has announced that it has gained unprecedented industry-wide technology adoption among the investor aggregator community
Mortgage Capital Trading Inc. (MCT) has announced that it has gained unprecedented industry-wide technology adoption among the investor aggregator community. MCT officially unveiled the Bulk Acquisition Manager (BAM) within its capital markets software platform, MCTlive!, in July of this year.  ... more
Mortgage Capital Trading Inc. (MCT) has announced that it has gained unprecedented industry-wide technology adoption among the investor aggregator community
Mortgage Capital Trading Inc. (MCT) has earned a spot on the San Diego Business Journal’s (SDBJ) Best Places to Work list for the sixth consecutive year. MCT ranked number 18 out of 29 companies in the medium-size company category (50-249 U.S. employees). Nominees were judged in the categories of... more