Secondary

Mortgage Capital Trading Inc. (MCT) has announced that Cara Krause has joined the company as regional sales director
Mortgage Capital Trading Inc. (MCT) has announced that Cara Krause has joined the company as regional sales director, responsible for business development efforts and client management for new lender clients in the Northeast region of the country.   Krause has more than 25 years of experience... Keep Reading....
Castle & Cooke Mortgage has announced that Adam Thorpe, the company's president and chief operating officer, has been appointed to Fannie Mae's Single-Family Risk Advisory Board
Castle & Cooke Mortgage has announced that Adam Thorpe, the company's president and chief operating officer, has been appointed to Fannie Mae's Single-Family Risk Advisory Board. The Risk Advisory Board (RAB) helps shape the credit policies of Fannie Mae, and provides input on process... more
A coalition of advocacy and housing groups has sent a letter to Mel Watt
A coalition of advocacy and housing groups has sent a letter to Mel Watt, director of the Federal Housing Finance Agency (FHFA), and Treasury Secretary Steven Mnuchin expressing concerns about the declining capital buffer at Fannie Mae and Freddie Mac.   In their letter, the groups called on the... more
Angel Oak Capital Advisors LLC has announced that it has completed AOMT 2017-1
Angel Oak Capital Advisors LLC has announced that it has completed AOMT 2017-1, a $146.4 million securitization rated by both the Fitch and DBRS rating agencies.   This transaction, backed by non-qualified mortgages (non-QM), marks Angel Oak’s third securitization since 2015, accounting for more... more
Fannie Mae closed 2016 with annual net income of $12.3 billion and annual comprehensive income of $11.7 billion
Fannie Mae closed 2016 with annual net income of $12.3 billion and annual comprehensive income of $11.7 billion plus a positive net worth of $6.1 billion, according to a new filing by the government-sponsored enterprise. For the fourth quarter of 2016, Fannie Mae reported net income of $5 billion... more