Citigroup to buy ABN AMRO Mortgage Group

National Mortgage Professional

Feb 07, 2007

Refinance.com to open new NYC officeMortgagePress.comMortgage companies in New York City Refinance.com has announced a Spring 2007 opening of its new office in New York, located on the fourth floor of Delmonico Plaza at 55 East 59th Street. More than 80 new loans officers will join the company's senior management staff at the new location. Refinance.com is a mortgage banking firm based in New York. For more information, call (800) 734-7334 or visit www.refinance.com.

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Feb 07, 2007

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...