Secondary | Page 9 | 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)

MBA Publishes Primer on LIBOR Transition Issues

The Mortgage Bankers Association (MBA) has published a primer that addresses potential transition...Read more
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 Acquires Meridian Asset Services

American Mortgage Consultants Inc. (AMC) has announced the acquisition of Meridian Asset Services...Read more
Freddie Mac appointed Christian M. Lown executive vice president and chief financial officer

Freddie Mac Closes First MCIP Transaction

Freddie Mac has closed its first transaction issued under its newly created Multifamily Credit...Read more
The new push by the Trump Administration to bring the government-sponsored enterprises (GSEs) out of their 11-year federal conservatorship could result in some negative impacts on the wider mortgage market, according to an opinion piece by David H. Steven

David H. Stevens Joins REIT Board

David H. Stevens, the former President and CEO of the Mortgage Bankers Association (MBA) , has...Read more
Verus Mortgage Capital (VMC) finished 2019 strong, recently finalizing its 14th and 15th rated Residential Mortgage-Backed Securities (RMBS) transactions for $533.5 million and $680.7 million respectively

Verus Finalizes $442 Million Non-QM MBS Transaction

Verus Mortgage Capital (VMC) has completed its seventh rated RMBS (residential mortgage-backed...Read more
Fannie Mae and Freddie Mac sold 7,140 Non-Performing Loans (NPLs) during the first half of this year

GSE NPL Sales Plummet

Fannie Mae and Freddie Mac sold 7,140 Non-Performing Loans (NPLs) during the first half of this...Read more

FHFA Boosts Maximum Conforming Loan Limit

The Federal Housing Finance Agency (FHFA) is raising the maximum conforming loan limit for...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

Rhiannon Bolen Joins MCT as Regional Sales Manager

Mortgage Capital Trading (MCT) has announced that Rhiannon Bolen has joined the company’s sales...Read more
The Federal Deposit Insurance Corporation (FDIC) has reached a settlement with HomeStreet Bank of Seattle for violations of the Real Estate Settlement Procedures Act

Wells Fargo and BlackRock Settle RMBS Trustee Litigation

Wells Fargo Bank N.A. and a group of institutional investors including funds affiliated with...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 Moves to Secure Sensitive Borrower Data

Mortgage Capital Trading (MCT) has announced that it is incorporating the company’s patent-pending...Read more

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