Secondary | Page 7 | National Mortgage Professional Magazine
The Mortgage Bankers Association (MBA) has published a primer that addresses potential transition issues ahead of the potential 2021 ending of the London Interbank Offered Rate (LIBOR)

Industry Reaction Varied to Life Beyond LIBOR

The upcoming expiration of the London Interbank Offered Rate (LIBOR) is being met with a somewhat...Read more
Civic Financial Services has reached a mortgage milestone in the private lending arena, funding in excess of $108 million in the month of April

Civic Financial Achieves Mortgage Milestone

Civic Financial Services has reached a mortgage milestone in the private lending arena, funding in...Read more
Visio Lending recently participated as the sole originator of 100 percent of the single-asset rental loans included in Visio 2019-Trust's issuance of six classes of mortgage-backed securities

Visio Lending Participates in Securitization of 100 Percent Non-QM Rental Loans

Visio Lending recently participated as the sole originator of 100 percent of the single-asset...Read more
PeerStreet has resumed funding loans on its platform following a pause

PeerStreet Adds Deepa Salastekar as VP of Institutional Sales

PeerStreet , a marketplace for investing in real estate backed loans, has announced the appointment...Read more
Mortgage Capital Trading Inc. (MCT) has announced that Bill Shirreffs has joined the company in the newly created position of senior director of sales operations

MCT Launches Its Trade Auction Manager

Mortgage Capital Trading Inc. (MCT) has officially launched Trade Auction Manager (TAM) to enable...Read more
Ginnie Mae announced that issuance of its mortgage-backed securities (MBS) totaled $63.44 billion in May

Ginnie Mae Announces Two Leadership Staff Appointments

Ginnie Mae has announced the appointment of two leadership staff positions: Adetokunbo “Toky”...Read more
Flagstar Bank has unveiled "The Power of the Human Interest Rate," a new marketing campaign designed to promote its products and services, including mortgage loans

Flagstar Bank Taps Jason Lee to Lead Capital Markets

Flagstar Bank has hired Jason Lee to lead Flagstar's Secondary Marketing and Capital Markets...Read more
Mortgage Capital Trading Inc. (MCT) has announced that Bill Shirreffs has joined the company in the newly created position of senior director of sales operations

Chief Strategy Officer Leslie Winick Joins MCT

Mortgage Capital Trading Inc. (MCT) has announced that Leslie Winick has joined the company as...Read more
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GSEs Post Q1 Results

Fannie Mae reported net income of $2.4 billion and comprehensive income of $2.4 billion for the...Read more
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Morgan Stanley in $150M Settlement on California MBS Sales

Morgan Stanley has agreed to pay $150 million in a settlement with the State of California that...Read more

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