Wolters Kluwer Governance, Risk & Compliance, Minneapolis, signed an agreement with The Reynolds and Reynolds Co. to acquire International Document Services Inc., Draper, Utah, a provider of compliance and document generation software platforms for the mortgage and real estate industry, for $70 million in cash.
Tag: Fannie Mae
MBA Letter Addresses Concerns About FHFA Strategic Plan
The Mortgage Bankers Association, in comments to the Federal Housing Finance Agency, expressed support for many elements of the proposed FHFA five-year strategic plan while raising concerns on several issues.
Dealmaker: Greystone Provides $54M in Fannie Mae Financing
Greystone, New York, provided $54.4 million in Fannie Mae Delegated Underwriting and Servicing loan for multifamily assets in Utah and Virginia.
Fannie Mae: Growing Number of Consumers Expect Rates, Home Prices to Rise Further
The Fannie Mae Home Purchase Sentiment Index increased by 3.5 points to 75.3 in February, but showed affordability constraints continue to drive consumers’ perception of the housing market.
Strong February Jobs Report Gives Fed Momentum for March Rate Hike
For the second straight month, employment numbers beat expectations, with the Bureau of Labor Statistics reporting Friday that employment rose by 678,000 in February.
Mark Walser of Incenter Appraisal Management on Desktop Appraisal Developments
Mark Walser is President of Incenter Appraisal Management, Charlotte, N.C., a national AMC and creator of the RemoteVal remote/desktop appraisal technology platform.
FHFA Issues Final Rule Amending GSE Regulatory Capital Framework
The Federal Housing Finance Agency published a final rule that amends the Enterprise Regulatory Capital Framework by refining the prescribed leverage buffer amount and risk-based capital treatment of retained credit risk transfer exposures for Fannie Mae and Freddie Mac.
FHFA Re-Proposes Updated Eligibility Requirements for Enterprise Single-Family Seller/Servicers
The Federal Housing Finance Agency on Thursday re-proposed minimum financial eligibility requirements​ for Fannie Mae and Freddie Mac seller/servicers.
January New Home Sales Down 4.5%
January new home sales fell by 4.5% amid supply chain and inventory shortages, HUD and the Census Bureau reported Thursday.
Industry Briefs Feb. 18, 2022: Constellation Mortgage Solutions Acquires ReverseVision
Constellation Mortgage Solutions Inc., Southfield, Mich., acquired ReverseVision Inc., San Diego, a provider of Home Equity Conversion Mortgage and private reverse mortgage sales origination software.