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....
Commercial and multifamily mortgage loan originations saw a 17 percent increase from the first to second quarter of this year
The delinquency rate on loans in commercial mortgage-backed securities (CMBS) rose 25 basis points (bps) from May to June and is now at a 4.60 percent level, according to new data from Trepp. Although this is the fourth consecutive month of that this delinquency rate increased, it is still 85 bps... more
The first quarter of this year saw mortgage servicers arranging 319,000 non-foreclosure solutions for distressed homeowners
During the first five months of this year, Fannie Mae and Freddie Mac sold more than 41,600 non-performing loans (NPLs) with a total unpaid principal balance of $8.5 billion, according to new data released by the Federal Housing Finance Agency (FHFA). The FHFA report found that the NPLs sold by the... more
HomeBridge Financial Services has announced that Fannie Mae veteran Alex Saphos has joined the company in the newly created position of investor relations advisor
HomeBridge Financial Services has announced that Fannie Mae veteran Alex Saphos has joined the company in the newly created position of investor relations advisor. In his new role, Saphos will leverage HomeBridge’s existing industry relationships and create new opportunities to connect HomeBridge’s... more
Fannie Mae has announced the appointment of J. Douglas Watt as senior vice president and chief audit executive
Fannie Mae has announced the appointment of J. Douglas Watt as senior vice president and chief audit executive. Watt joins Fannie Mae from GE Capital Corporation, where he was managing director and audit executive for the Americas. Watt also was a member of GE Capital’s senior audit leadership team... more