Pennsylvania industry appointments update - 9/29/2006

National Mortgage Professional

Sep 28, 2006

Georgia industry appointments update - 9/29/2006MortgagePress.comGeorgia mortgage industry positions " IndyMac Bank has hired Woody Collins as an area development manager for its mortgage bank's Wholesale Lending Division's Georgia region.

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Sep 28, 2006

Regulation and Compliance

Fed Slows Rate Hike Pace, OK’s 0.25% Bump

Rate hike is 8th since March 2022.

The Federal Reserve on Wednesday eased the pace of its monetary tightening following signs that inflation is slowing, while declaring that its work is not done. Following the conclusion of the Federal Open Market Committee’s (FOMC) first two-day meeting of 2023, Chairman Je...

Non-QM

Fitch Rates EFMT Certificates Backed by Non-QM Loans From LendSure, AHL

The certificates are supported by 796 loans with a balance of $330.37 million.

Fitch Ratings said Tuesday it expects to rate residential mortgage-backed certificates to be issued by EFMT 2023-1, Mortgage Pass-Through Certificates, Series 2023-1 (EFMT 2023-1). The certificates are secured by non-qualified mortgages (Non-QM) originated primarily by LendS...