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Freddie Mac reported third quarter net income of $1.7 billion, up from $1.5 billion for the second quarter of 2019

Freddie Mac Generated $1.7B in Q3 Net Income

Freddie Mac reported third quarter net income of $1.7 billion, up from $1.5 billion for the second...Read more
Ginnie Mae has announced that issuance of its mortgage-backed securities (MBS) totaled $60.046 billion in October

Ginnie Mae Taps eOriginal as eVault Vendor

Ginnie Mae has signed Baltimore-headquartered eOriginal Inc. to be its provider for eVault software...Read more
Mortgage Capital Trading Inc. (MCT) has introduced a unique program called InvestorMatic, designed to improve the lender experience in selling whole loans to their correspondent investor counterparts

MCT Launches InvestorMatic to Enhance the Whole Loan Trading Experience

Mortgage Capital Trading Inc. (MCT) has introduced a unique program called InvestorMatic , designed...Read more
Ginnie Mae has announced that issuance of its mortgage-backed securities (MBS) totaled $60.046 billion in October

Ginnie Mae Issued $53.5B in MBS in September

Last month was a September to remember at Ginnie Mae , which reported issuing $53.5 billion in...Read more
Ginnie Mae has announced that issuance of its mortgage-backed securities (MBS) totaled $60.046 billion in October

Acting Ginnie Mae Chief Quits

For the second time this year, Ginnie Mae is without a leader. Maren Kasper, the agency’s Executive...Read more
Toorak Capital Partners, a correspondent real estate loan investment platform headquartered in Summit, N.J., has completed a $350 million securitization of residential bridge loans

Toorak Capital Partners Wraps $350mil Residential Bridge Loan Securitization

Toorak Capital Partners , a correspondent real estate loan investment platform headquartered in...Read more
Photo credit: Getty Images/dkfielding

Congress Challenged to Address Housing Policy Reforms at Senate Banking Hearing

Two members of the Trump Administration and the Director of the Federal Housing Finance Agency (...Read more
NewDay USA has announced that it is expanding its charitable activities to benefit military families during the holiday season

NewDay USA to Issue VA Mortgages in Ginnie Mae Pools

NewDay USA has announced that it received approval to become a Ginnie Mae Servicer Seller for VA...Read more
Fannie Mae closed the third quarter of this year with $4 billion in both net income and comprehensive income

Ex-FDIC Chief Sheila C. Bair Joins Fannie Mae Board

Sheila C. Bair, the first woman to chair the Federal Deposit Insurance Corp. (FDIC), was named to...Read more
Photo credit: Getty Images/bankrx

Upgrade in URLA Indefinitely Postponed

Fannie Mae and Freddie Mac have indefinitely postponed their implementation of the redesigned...Read more

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