Industry News
Coming Up:
N.Y. Senate Passes Foreclosure Abuse Prevention Bill
Gov. Kathy Hochul is expected to sign the controversial bill into law.
loanDepot Unit mello To Launch Digital HELOC
Online process promises to go from application to funding of loan in seven days.
Freddie Mac Promotes Longtime Exec To Lead Multifamily Unit
Kevin Palmer has held a variety of positions since joining the enterprise in 2001.
Fannie Mae Reports Solid First Quarter Earnings
What can we read into Fannie Mae’s first quarter earnings? We talk to editor David Krechevsky.
First American Financial Hits The Mother Lode
Completing acquisition of Mother Lode Holding Co. expands First American’s footprint in 11 states.
Fannie Mae’s 1Q Earnings Fall; Officials Fear ‘Modest Recession’
Reported net income of $4.4 billion in the first quarter, down 15% from fourth quarter of 2022 and down 12% from first quarter of last year.
Fed Expected To Raise Rate By Half Percentage Point
Federal Reserve chairman Jerome Powell hinted at the likely increase in an April appearance.
FHA Loan Review System Back Online
The system was shut down several weeks ago while efforts were made to resolve various document errors
