Secondary

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... Keep Reading....
The first quarter of this year was something of a dud for commercial and multifamily originations, according to new data from the Mortgage Bankers Association (MBA)
Beginning today, real estate investment trusts (REITs) will be publicly traded as their own S&P 500 Index group. According to a Finance & Commerce report, the new REIT group marks the first change to the S&P configurations in almost two decades. This change is a tribute to the viability... more
Mortgage Capital Trading Inc. (MCT) has announced that it has been named Best Places to Work by the San Diego Business Journal (SDBJ) for the fifth straight year
Mortgage Capital Trading Inc. (MCT) has announced that it has been named Best Places to Work by the San Diego Business Journal (SDBJ) for the fifth straight year. MCT was ranked number 13 in the medium-sized company category (50-249 U.S. employees) and is one of only 100 companies being recognized... more
​Angel Oak Capital Advisors has announced that it has completed AOMT 2016-1, a $132.65 million securitization primarily backed by non-Qualified Mortgages (non-QM
Angel Oak Capital Advisors has announced that it has completed AOMT 2016-1, a $132.65 million securitization primarily backed by non-Qualified Mortgages (non-QM). This securitization marks the second offering of its kind by Angel Oak Capital and represents the firm’s commitment to revitalizing the... more
JPMorgan Chase & Co. has announced that it is receiving $645 million from a settlement involving with the Federal Deposit Insurance Corp. (FDIC) and Deutsche Bank AG stemming from its 2008 purchase of the banking operations of Washington Mutual Inc. (WaMu
JPMorgan Chase & Co. has announced that it is receiving $645 million from a settlement involving with the Federal Deposit Insurance Corp. (FDIC) and Deutsche Bank AG stemming from its 2008 purchase of the banking operations of Washington Mutual Inc. (WaMu). According to Reuters report, JPMorgan... more