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....
Freddie Mac has released its earnings results for the third quarter of 2010, claiming a $4.1 billion net loss for the quarter based strongly on a sagging U.S. housing market and another draw from the U.S. Department of the Treasury to maintain positive net worth. The company had a net worth deficit... more
Oregon Treasurer Ted Wheeler and Attorney General John Kroger have announced a lawsuit against former financial giant Bear Stearns & Company to recover losses that were directly attributable to misleading filings in connection with mortgage-backed securities (MBS). MBS are bundles of real... more
Louis Hernandez Jr., is the chairman and chief executive officer of Glastonbury, Conn.-based Open Solutions Inc., a provider of integrated enabling technologies for financial service providers throughout the United States, Canada and other international markets. Mr. Hernandez recently wrote a... more
Freddie Mac has announced that it has hired REO Training Solutions Inc. to instruct new listing brokers and other vendors on HomeSteps' policies, procedures, business guidelines, and best practices. HomeSteps is the real estate sales unit of Freddie Mac and markets a nationwide selection of... more