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Coming Up:
loanDepot Unit mello To Launch Digital HELOC
Online process promises to go from application to funding of loan in seven days.
Navy Federal Shines Spotlight On VA Loans
National survey of veterans, service members reveals misconceptions about the loans.
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.
Fitch Assigns Expected Ratings To Angel Oak Non-QM Offering
The certificates are supported by 747 loans with a balance of $394.59 million; of the loans, 66.4% are designated as Non-QM.
Advisors Mortgage Group Increases Jersey Shore Presence
New branch will be managed by Elena DeAnnuntis.
Reverse Mortgage Industry Sees April Drop In Loans
Decline comes after previous month’s 10-year high
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.