Secondary

Accenture has again been named a leader in business mortgage process outsourcing (BPO) in a recent report from industry analyst firm Everest Group
Accenture has again been named a leader in business mortgage process outsourcing (BPO) in a recent report from industry analyst firm Everest Group. The report, “Mortgage BPO–Service Provider Landscape with PEAK Matrix Assessment 2017,” evaluated 16 mortgage BPO service providers based on two key... Keep Reading....
Clayton Holdings LLC has announced that it is offering a comprehensive securitization readiness solution for non-agency assets. The end-to-end offering includes advisory and preparedness support for pre-securitization due diligence review, originator and guideline assessment and ongoing monitoring... more
Mortgage Capital Trading Inc. (MCT) has named Ian Miller as Chief Marketing Officer
Mortgage Capital Trading (MCT) has announced that it has again landed on the San Diego Business Journal’s (SDBJ) 2017 Top 100 Fastest-Growing Private Companies list. MCT ranked number 72 on this year’s list, with a with a three-year growth rate of 81.88 percent from 2014-2016.   “We are very... more
Fannie Mae reported net income of $3.2 billion in the second quarter, up from $2.8 billion in the first quarter
Fannie Mae reported net income of $3.2 billion in the second quarter, up from $2.8 billion in the first quarter. The government-sponsored enterprise (GSE) attributed its performance to an increase in credit-related income and a shift to investment gains in the second quarter from investment losses... more
Flagstar Bancorp Inc. has announced that its wholly-owned subsidiary Flagstar Bank FSB is acquiring a mortgage warehouse loan portfolio from Santander Bank
Flagstar Bancorp has announced it has closed its securitization of $444 million of residential mortgage-backed certificates (RMBS) issued by Flagstar Mortgage Trust 2017-1 (FSMT 2017-1). The certificates are supported by 668 jumbo prime (75 percent) and high-balance conforming (25 percent) loans.... more