Secondary

Mortgage Capital Trading Inc. (MCT) has released new secondary marketing technology to improve the industry’s existing loan sale practices
Mortgage Capital Trading Inc. (MCT) has released new secondary marketing technology to improve the industry’s existing loan sale practices. Dubbed Bulk Acquisition Manager (BAM), the solution automates the process of packaging and transferring bulk loan bids, which benefits investors, lenders and... Keep Reading....
Mortgage Capital Trading Inc. (MCT) has released new secondary marketing technology to improve the industry’s existing loan sale practices
Mortgage Capital Trading Inc. (MCT) has appointed Bill Berliner to the newly created position of Director of Analytics, where he will take the lead in developing new products and services, enhancing existing solutions, and helping expand MCT’s footprint.   "Bill adds significant expertise and... more
Angel Oak Capital Advisors has announced the completion of AOMT 2017-2
Angel Oak Capital Advisors has announced the completion of AOMT 2017-2, a $210.45 million securitization of non-prime residential mortgages. The securitization is backed by non-Qualified Mortgages (non-QM) which were fully sourced through the firm’s three affiliated mortgage lenders–Angel Oak... more
The chief of the nation’s leading mortgage industry trade group came to Capitol Hill to challenge lawmakers to bring about a conclusion to the federal conservatorship of the government-sponsored enterprises (GSEs
The chief of the nation’s leading mortgage industry trade group came to Capitol Hill to challenge lawmakers to bring about a conclusion to the federal conservatorship of the government-sponsored enterprises (GSEs).   In testimony presented today before the U.S. Senate Committee on Banking, Housing... more
Purchases increased to 65 percent of all closed loans in June, up from 62 percent one month earlier
The National Association of Federally-Insured Credit Unions (NAFCU) has issued what it describes as its “core principles” for balancing federal housing finance reform with the specific needs of the credit union industry.   NAFCU cited the need for “an explicit government guarantee on the payment... more