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Reverse Mortgage Funding LLC (RMF) has announced the appointment of seasoned retirement and financial planning expert Tom Dickson as national leader of its Financial Advisor Channel
  American Mortgage Consultants Inc. (AMC) has announced the acquisition of Meridian Asset Services LLC.   The financial terms of the acquisition were not made public. The St. Petersburg, Fla.-based Meridian will operate as a subsidiary of New York-based AMC and retain its brand identity and... Keep Reading....
Fannie Mae reported $3.97 billion in comprehensive income during the third quarter, down from $4.4 billion in the second quarter but higher than the $3.04 billion from the third quarter of 2017
Fannie Mae reported $3.97 billion in comprehensive income during the third quarter, down from $4.4 billion in the second quarter but higher than the $3.04 billion from the third quarter of 2017.   The government-sponsored enterprise (GSE) also reported $4 billion in net income for the third quarter... more
The U.S. housing market ended 2018 with a cumulative worth of $33.3 trillion, gaining $1.9 trillion in value, or 6.2 percent, from 2017, according to data from Zillow
Freddie Mac reported comprehensive income of $2.6 billion during the third quarter, up from $2.4 billion in the second quarter but down from the $4.7 billion reported in the third quarter of 2017.   Freddie Mac also reported net income of $2.7 billion for the third quarter, up from $2.5 billion in... more
Blue Water Financial Technologies has developed an electronic co-issue pricing and trading platform, MSR-X for co-issuing purposes that allows lenders and investors to view portfolios and transactional data in real-time
Blue Water Financial Technologies has announced the hiring of Jason Sweeney as Executive Director of Business Development, where he will be responsible for new client acquisition, overseeing all outbound business development efforts.   Prior to joining Blue Water, Sweeney spent nearly 20... more
Ginnie Mae’s mortgage-backed securities (MBS) portfolio has reached $2.008 trillion in unpaid principal balance, up from $1 trillion just eight years ago
Ginnie Mae’s mortgage-backed securities (MBS) portfolio has reached $2.008 trillion in unpaid principal balance, up from $1 trillion just eight years ago.   “The fact that Ginnie Mae has reached $2 trillion in outstanding principal underscores the corporation’s role and highlights our... more