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Civic Financial Services LLC has announced that it has completed CIVIC 2018-1, a $190 million securitization, consisting of real estate investment loans originated 100 percent by CIVIC

Civic Completes $190 Million Securitization

Civic Financial Services LLC has announced that it has completed CIVIC 2018-1, a $190 million...Read more
Finicity has announced an integration with LendingQB

LendingQB Announces Integration With MCT

LendingQB and Mortgage Capital Trading (MCT) have announced an integration between the LendingQB...Read more
Mid America Mortgage Inc. has announced that it has added John Bargas, Donnell Mitchell and Wendy Strawn to its Servicing Department, with Bargas leading the Department as executive managing director of servicing

Mid America Mortgage to Offer Warehouse Lines of Credit on “Scratch and Dent” Loans

Mid America Mortgage Inc. Owner and Chief Executive Officer Jeff Bode has announced that the firm...Read more
Federal Agricultural Mortgage Corporation, also known as Farmer Mac, has announced that J. Curt Covington has resigned as executive vice president and chief credit officer, effective today

Farmer Mac Reports Robust Q1 Earnings

The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, closed the first quarter...Read more
The Royal Bank of Scotland Group (RBS) has agreed to a $4.9 billion settlement with the Department of Justice related to the company’s issuance and underwriting of residential mortgage-backed securities (RMBS) between 2005 and 2007

RBS in $4.9B Settlement Over RMBS Woes

The Royal Bank of Scotland Group (RBS) has agreed to a $4.9 billion settlement with the Department...Read more
Fannie Mae closed out the first quarter of this year with $4.3 billion of net income and $3.9 billion of comprehensive income

Fannie Mae Reports $4.3B in Q1 Net Income

Fannie Mae closed out the first quarter of this year with $4.3 billion of net income and $3.9...Read more
Freddie Mac reported $2.93 in net income for the first quarter, a significant turnaround from the fourth quarter of 2017 when it recorded a $3.3 billion loss and needed a $300 million Treasury draw

Freddie Mac Turns $2.93M Q1 Profit

Freddie Mac reported $2.93 in net income for the first quarter , a significant turnaround from the...Read more
Freddie Mac appointed Christian M. Lown executive vice president and chief financial officer

Sam Khater Joins Freddie Mac as VP/Chief Economist

Freddie Mac has announced that Sam Khater, a prominent housing and economics expert with more than...Read more
Ginnie Mae announced that issuance of its mortgage-backed securities (MBS) totaled $63.44 billion in May

Ginnie Mae Issued $30B in MBS in March

Ginnie Mae announced that it issued $30.31 billion in mortgage-backed securities (MBS) during March...Read more
Ginnie Mae announced that issuance of its mortgage-backed securities (MBS) totaled $63.44 billion in May

Ginnie Mae Reportedly Restricts Two Lenders

Ginnie Mae has reportedly restricted NewDay USA and Nations Lending Corp. for issuing its bonds...Read more

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