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....
Freddie Mac ended 2016 with $7.8 billion in net income, up from $6.4 billion in 2015. The government-sponsored enterprise also reported comprehensive income of $7.1 billion for 2016, up from $5.8 billion in 2015.   For the fourth quarter of 2016, Freddie Mac recorded net income of $4.8 billion and... more
Angel Oak Mortgage Solutions is continuing their aggressive growth with the addition of 12 new account executives
Angel Oak Mortgage Solutions LLC and Angel Oak Home Loans LLC have announced that their mortgage origination platforms have been reviewed for quality by ratings agencies Fitch and DBRS. Both ratings agencies affirmed the acceptable quality of the company’s non-agency, non-qualified mortgage... more
Fannie Mae is being questioned by a prominent U.S. senators regarding the costs of its new regional headquarters in Plano, Texas
Fannie Mae is being questioned by a prominent U.S. senators regarding the costs of its new regional headquarters in Plano, Texas. According to a Dallas Morning News report, Sen. Chuck Grassley (R-IA) is questioning the expenses related to the 10-story, 330,000-square-foot building leased for 15... more
OpenClose and Mortgage Capital Trading Inc. (MCT) announced they have developed an integration that eliminates manual intervention and streamlines the delivery of loan data to maximize hedging for lenders
OpenClose and Mortgage Capital Trading Inc. (MCT) announced they have developed an integration that eliminates manual intervention and streamlines the delivery of loan data to maximize hedging for lenders. The integration works by automatically taking loan-level details that are originated and... more