Secondary

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... Keep Reading....
Fannie Mae closed 2016 with annual net income of $12.3 billion and annual comprehensive income of $11.7 billion
Fannie Mae has announced its new Flex Modification foreclosure prevention program, designed to help families by offering reductions to their monthly mortgage payments. The Flex Modification leverages components of Fannie Mae's Home Affordable Modification Program (HAMP), which is set to expire at... more
Mortgage Capital Trading Inc. (MCT), developer of MCTlive!, has announced that it has added a number of new features to its best execution service offering
Mortgage Capital Trading Inc. (MCT), developer of MCTlive!, has announced that it has added a number of new features to its best execution service offering. The enhancements outpace existing competitor offerings and position MCT to capture additional business among lenders. “We already enjoy a ... more
The National Credit Union Administration (NCUA) has announced that Nomura Asset Acceptance Corporation and Nomura Home Equity Loan Inc. have agreed to jointly pay more than $3 million to settle claims
The National Credit Union Administration (NCUA) has announced that Nomura Asset Acceptance Corporation and Nomura Home Equity Loan Inc. have agreed to jointly pay more than $3 million to settle claims stemming from the sale of allegedly faulty residential mortgage-backed securities (RMBS) to the... more
Freddie Mac ended the third quarter with $2.3 billion in both net income and comprehensive income, plus $3.6 billion of net interest income. As a result of its profits, the government-sponsored enterprise will be returning $101.4 billion in cumulative dividends to the Treasury. During the third... more