Skip to main content

Fidelity National Information Services names new marketing executive

National Mortgage Professional
Sep 11, 2008

NAMB responds to GSE stability measuresMortgagePress.comFannie Mae, Freddie Mac, Marc Savitt, GSEs, NAMB, conservatorship, U.S Treasurt, FHFA The National Association of Mortgage Brokers has responded to the announcement by U.S. Treasury Secretary Paulson and FHFA Director Lockhart that the government will take control of the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. "Fannie Mae and Freddie Mac play a pivotal role in the housing industry," said NAMB President Marc Savitt, CRMS. "NAMB applauds the action taken by Secretary Paulson and Director Lockhart." "This is a clear signal to consumers and Wall Street that stability is returning to the secondary mortgage market," stated Savitt. "Stability breeds confidence, which is the main ingredient needed to turn the slumping housing market around." "These measures will allow for the return of affordable mortgage financing, which will renew the dream of homeownership for consumers," continued Savitt. The Treasury and the FHFA released several Fact Sheets outlining next steps for Fannie Mae and Freddie Mac. Please click on the links below for Fact Sheets and a statement by FHFA Director Lockhart: GSE Mortgage-Backed Securities Purchase Program Fact Sheet Government Sponsored Enterprise Credit Facility Fact Sheet Treasury Senior Preferred Stock Purchase Agreement Fact Sheet Statement by FHFA Director Lockhart For more information, visit www.namb.org.
Published
Sep 11, 2008
PenFed CU Sees Record Annual Mortgage Lending Volume

PenFed Credit Union announced it's financial highlights from 2021 which includes record annual mortgage lending volume.

Industry News
Jan 21, 2022
Angel Oak Lending Platform Reveals Record-Setting 2021

Last year was a record-setting year for many companies in the mortgage lending space, especially for the Angel Oak lending platform that consists of Angel Oak Mortgage Solutions and Angel Oak Home Loans.

Non-QM
Jan 21, 2022
What Are The Biggest Deal-Breakers For Homebuyers?

The housing market is holding strong but that doesn't mean homebuyers don't have their fair share of deal-breakers when it comes to purchasing a home.

Analysis and Data
Jan 20, 2022
Popular Bank Names National Director Of Residential Lending

Popular Bank named Adam Dejak as its national director of residential lending for Popular Mortgage.

Industry News
Jan 20, 2022
Sagent Appoints Thompson As Chief Product Officer

Founder of fintech managment consulting firm Consigliera will lead and expand product development.

Industry News
Jan 20, 2022
Total Expert Appoints Gaydos As President

Former Talkdesk and SAP senior executive brings extensive cloud, go-to-market, sales, and operations experience.

Industry News
Jan 20, 2022