The year prior, Fannie CEO Daniel Mudd earned $11.6 million while Freddie's chief Richard Syron took home $18.3 million, but a large chunk of their pay included stock...
Nearly 70% of the volume going to the GSEs due to the QM patch could be handled in the non-agency market without disrupting borrowers, according to a new SEC filing and presentation from Redwood.
Calabria’s comments should make it crystal clear to the managements of Fannie and Freddie that when it comes to new products and expansion, the two will be on a very short leash...
Prosecutors say the defendants doctored the income and purchase prices multifamily properties by maintaining a second set of books, and using fake liens, false contracts, and inflated invoices...
In the first quarter of 2019, the average credit score for retail production was 725.97, 7.3 points higher than the average for correspondent production...
Moves by the Trump administration are disrupting the economy and the federal agencies that deal with the housing market. Bob Broeksmit, president and CEO of the MBA, isn’t sure how it’s all going to play out.
Is Onity Group eyeing a sale? Perhaps. And why not? Servicing values are approaching a 25-year high.
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