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Sheila C. Bair, the first woman to chair the Federal Deposit Insurance Corp. (FDIC), was named to the board of directors at Fannie Mae

Fannie Mae Generated Nearly $4B in Q3 Income

Fannie Mae reported $3.97 billion in comprehensive income during the third quarter, down from $4.4...Read more
A surge in refinancing helped drive up mortgage applications activity for the week ending Oct. 4, according to data from the Mortgage Bankers Association

Freddie Mac Generated $2.6B in Q3 Income

Freddie Mac reported comprehensive income of $2.6 billion during the third quarter, up from $2.4...Read more
Blue Water Financial Technologies has announced that it has added Joseph A. Grimes III to its Advisory Board as a senior advisor

Blue Water Financial Names Sweeney Director of Business Development

Blue Water Financial Technologies has announced the hiring of Jason Sweeney as Executive Director...Read more
Last month was a September to remember at Ginnie Mae, which reported issuing $53.5 billion in mortgage-backed securities during the month

Ginnie Mae’s MBS Portfolio Tops $2 Trillion

Ginnie Mae’s mortgage-backed securities (MBS) portfolio has reached $2.008 trillion in unpaid...Read more
Sheila C. Bair, the first woman to chair the Federal Deposit Insurance Corp. (FDIC), was named to the board of directors at Fannie Mae

Fannie Mae Promotes John Forlines to CRO

Fannie Mae has promoted John Forlines to Senior Vice President and Chief Risk Officer (CRO). He had...Read more
Mortgage Capital Trading Inc. (MCT) has announced the launch of its MCTlive! mobile application

MCT Earns Inc. 5000 List Distinction for the Eighth Consecutive Year

Mortgage Capital Trading Inc. (MCT) has announced that Inc. 5000 has named MCT to its 38th annual...Read more
Freddie Mac CEO Donald Layton is reportedly seeking to leave his job and officials at the Department of the Treasury and the Federal Housing Finance Agency (FHFA) are planning to find a successor

Layton to Leave Freddie Mac in 2019

Freddie Mac has announced a shake-up in its leadership, with CEO Donald H. Layton stating that he...Read more
Verus Mortgage Capital (VMC), a correspondent investor offering residential non-QM, investor rental and fix and flip loan programs, has finalized its 11th rated RMBS (residential mortgage-backed securities) transaction for $609.2 million

Verus Finalizes $489.6 Million Non-QM MBS Transaction

Verus Mortgage Capital (VMC) has announced the completion of its sixth rated RMBS (Residential...Read more
Freddie Mac CEO Donald Layton is reportedly seeking to leave his job and officials at the Department of the Treasury and the Federal Housing Finance Agency (FHFA) are planning to find a successor

Report: Freddie Mac Chief Planning to Leave

Freddie Mac CEO Donald Layton is reportedly seeking to leave his job and officials at the...Read more
Moody’s Investors Service Inc. has agreed to a $16.25 million settlement with the Securities & Exchange Commission (SEC)

Moody’s to Pay $16.25M to Settle RMBS Ratings Error Charges

Moody’s Investors Service Inc. has agreed to a $16.25 million settlement with the Securities &...Read more

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