For the full year, Fannie Mae reported net income of $22.2 billion, an 88% increase from $11.8 billion for all of 2020.
David Krechevsky was an editor at NMP.
For the full year, Fannie Mae reported net income of $22.2 billion, an 88% increase from $11.8 billion for all of 2020.
Heidi Mason, former Wells Fargo exec, succeeds Jerry Weiss, who has served as interim general counsel since March 2021.
The year-end report ranks servicers' volumes as of Dec. 31, 2021.
Shelley Duffy, an experienced business development leader, previously held similar positions with Computershare Loan Services and Radian.
Sagent will buy certain intellectual property rights related to Mr. Cooper’s proprietary, cloud-based technology platform for mortgage servicing, and Mr. Cooper will receive an equity stake in Sagent.
For all of 2021, Freddie Mac reported net income of $12.1 billion, a 65% year-over-year increase.
Completed foreclosures up 29% from last month to highest level since March 2020.
Consumer Price Index soaring 7.5% from a year earlier poses a renewed challenge for The Fed
Promotes President Kenneth DeGiorgio to CEO as CEO Dennis Gilmore becomes chairman.
Curbio will become the enabling force behind Better Real Estate's pre-listing preparation offerings in four markets: Atlanta, Austin, Dallas, and Houston.