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....
Fannie Mae reported healthy returns for the second quarter, with net income of $2.9 billion and comprehensive income of $2.9 billion, up from the first quarter’s net income of $1.1 billion and comprehensive income of $936 million
Fannie Mae reported healthy returns for the second quarter, with net income of $2.9 billion and comprehensive income of $2.9 billion, up from the first quarter’s net income of $1.1 billion and comprehensive income of $936 million. Fannie Mae also reported a positive net worth of $4.1 billion for... more
Visionet Systems has become a verified technology integration vendor for Freddie Mac’s Loan Closing Advisor platform
Freddie Mac reported net income of $993 million for the second quarter, a considerable turnaround from its net loss of $354 million in the first quarter, as well as a comprehensive income total of $1.1 billion for the second quarter that was miles removed from the comprehensive loss of $200 million... more
Within the real estate investment trust (REIT) industry, Kenneth D. Campbell has rock star status. A one-time journalist, he founded Audit Investments Inc. in 1969 and merged the firm in 1992 into a new entity that became CBRE Clarion Securities, a global real estate securities firm now managing $... more
The simple but strong business model that Ginnie Mae has built highlights the power of the federal government and the private sector working together. Through the efficiency and low-cost securitization of the model, Ginnie Mae fulfills the needs and demands of various market segments by leveraging... more