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Ginnie Mae has announced the appointment of two leadership staff positions

Ginnie Mae Reportedly Restricts Two Lenders

Ginnie Mae has reportedly restricted NewDay USA and Nations Lending Corp. for issuing its bonds...Read more
Angel Oak Capital Advisors LLC has announced the firm has surpassed $10 billion in assets under management

Angel Oak Capital Advisors Names Namit Sinha Head of Mortgage Strategies

Angel Oak Capital Advisors has announced the hiring of Namit Sinha as Head of Mortgage Strategies,...Read more
Angel Oak Capital Advisors LLC has announced the firm has surpassed $10 billion in assets under management

Angel Oak Capital Announces $90 Million Securitization of Residential Transitional Loans

Angel Oak Capital Advisors LLC has announced that it has completed AOMT 2018-PB1, a $90 million...Read more
New York Attorney General Eric T. Schneiderman has reached a $500 million settlement with Royal Bank of Scotland (RBS) related to charges of the financial institution’s practices and misrepresentations to investors regarding residential mortgage-backed se

RBS in $500M Settlement Over RMBS Sales

New York Attorney General Eric T. Schneiderman has reached a $500 million settlement with Royal...Read more
Forty-five percent of homebuyers who purchased a residential property in the past five years wound up paying more than the asking price before having their offer accepted,

New Study Charts Credit Union Sales to Secondary Market

A new survey conducted by the National Association of Federally-Insured Credit Unions (NAFCU) has...Read more
Accenture has again been named a leader in business mortgage process outsourcing (BPO) in a recent report from industry analyst firm Everest Group

Accenture Ranked Tops in Mortgage Business Process Outsourcing

Accenture has again been named a leader in business mortgage process outsourcing (BPO) in a recent...Read more
Angel Oak Capital Advisors LLC has raised $291 million in capital commitments for its first private credit fund

Angel Oak Capital Raises Nearly $300 Million in Private Credit Fund

Angel Oak Capital Advisors LLC has raised $291 million in capital commitments for its first private...Read more
Mortgage lenders are forecasting a negative profit margin outlook for the next three months, according to Fannie Mae's Fourth Quarter Mortgage Lender Sentiment Survey

Fannie Mae: Lenders Forecasting Negative Profit Margins Ahead

Mortgage lenders are forecasting a negative profit margin outlook for the next three months,...Read more
Bank of the Ozarks in Little Rock, Ark., is exiting the secondary market, complaining that this aspect of its operations had "operated at essentially break-even."

Arkansas Lender Exits Secondary Market

Bank of the Ozarks in Little Rock, Ark., is exiting the secondary market, complaining that this...Read more
The Federal Housing Finance Agency (FHFA) and the Department of the Treasury have agreed to reinstate a $3 billion capital reserve amount under the Senior Preferred Stock Purchase Agreements for the government-sponsored enterprises (GSEs)

GSE Capital Reserves Reinstated at $3B

The Federal Housing Finance Agency (FHFA) and the Department of the Treasury have agreed to...Read more

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