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Angel Oak Capital Advisors LLC has raised $291 million in capital commitments for its first private credit fund
Angel Oak Capital Advisors LLC has raised $291 million in capital commitments for its first private credit fund. Having exceeded the initial fundraising goal of $250 million, the Angel Oak Real Estate Investment Fund I LP is now closed to new investors. The Fund, which invests primarily in non-... Keep Reading....
Mortgage lenders are forecasting a negative profit margin outlook for the next three months, according to Fannie Mae's Fourth Quarter Mortgage Lender Sentiment Survey
Mortgage lenders are forecasting a negative profit margin outlook for the next three months, according to Fannie Mae's Fourth Quarter Mortgage Lender Sentiment Survey.   On net, more lenders reported declining demand over the prior three months, continuing the trend that started in the first... more
Bank of the Ozarks in Little Rock, Ark., is exiting the secondary market, complaining that this aspect of its operations had "operated at essentially break-even."
Bank of the Ozarks in Little Rock, Ark., is exiting the secondary market, complaining that this aspect of its operations had "operated at essentially break-even."   According to an Arkansas Business report, the bank will continue to originate some home loans through its Community Reinvestment Act... more
The Federal Housing Finance Agency (FHFA) and the Department of the Treasury have agreed to reinstate a $3 billion capital reserve amount under the Senior Preferred Stock Purchase Agreements for the government-sponsored enterprises (GSEs)
The Federal Housing Finance Agency (FHFA) and the Department of the Treasury have agreed to reinstate a $3 billion capital reserve amount under the Senior Preferred Stock Purchase Agreements for the government-sponsored enterprises (GSEs).   As a result of this decision, Fannie Mae and Freddie Mac... more
Berkadia has announced that it was approved as the first Freddie Mac Seller/Servicer
Berkadia has announced that it was approved as the first Freddie Mac Seller/Servicer to obtain the National Single Family Rental Designation by Freddie Mac Multifamily. This approval permits Berkadia to sell and service loans secured by single family rental properties nationwide to Freddie Mac... more