ResMAE offers 50/30 mortgage loan

Nationwide Mortgage Bankers Inc. (DBA NMBNOW) just scored a major talent win, announcing mortgage veteran Michael Brennan as its new president of sales and operations. Brennan, who previously led South Carolina-based Movement Mortgage to national prominence, steps in to supe...

In a possible presage to combining the two government housing enterprises into a single company, the new head of the Federal Housing Finance Agency (FHFA) has cleared the deck at Fannie Mae and Freddie Mac and installed himself as chairman of both entities. Just days afte...