Secondary

A coalition of housing and real estate trade groups is ratcheting up pressure on the Trump Administration to ensure the government-sponsored enterprise (GSE) reform
A coalition of housing and real estate trade groups is ratcheting up pressure on the Trump Administration to ensure the government-sponsored enterprise (GSE) reform remains a priority.   In letters to Treasury Secretary Steve Mnuchin and Federal Housing Finance Agency Director Mel Watt, the trade... Keep Reading....
Fannie Mae has announced a pilot program to collect and manage real estate purchase offers for Fannie Mae-owned properties in Orlando, Fla.; San Diego, Calif.; and in Wayne County, Detroit, Mich. Through the pilot, real estate agents submit offers on behalf of their clients online, receive... more
U.S. Bancorp has announced that its lead bank, U.S. Bank NA has entered into a definitive agreement to purchase the domestic and European-based securitization trust administration businesses of Bank of America NA. “This transaction not only affirms U.S. Bank as a leader in the corporate trust... more
The American Securitization Forum (ASF) has issued an extensive White Paper to clarify the legal principles and processes underpinning the assignment and transfer of home mortgages and the creation of mortgage-backed securities (MBS). As the study articulates, many of the principles underlying the... more
Strengthening its commitment to the secondary market, Equifax has announced that it is working with BlackBox Logic to give investors greater transparency into borrower credit health. ABS Credit Risk Insight Direct, Equifax's premier data solution for the mortgage-backed securities (MBS) market, now... more