National Mortgage News, Nov. 16, 2016–McKendry, Ian
House Financial Services Committee Chairman Jeb Hensarling recited a litany of priorities for his panel next year, touching on everything from the very broad, like housing finance reform, to the specific, including targeting a proposal to rein in payday lending.
HousingWire, Nov. 16, 2016–Lane, Ben
Recent reports from Standard & Poor’s Global Ratings showed that rate at which new mortgage bonds enter the market is slowing considerably in 2016.
HousingWire, Nov. 16, 2016–Swanson, Brena
The report noted that Nationstar uses Xome for field services and real estate owned asset management and closings.
HousingWire, Nov. 16, 2016–Lane, Ben
Sale expected to generate $90 million for Walter Investment Management Corp.
Baltimore Sun, Nov. 16, 2016–Sherman, Natalie
The federal government has sold thousands of delinquent Maryland mortgages to private investors through a controversial program that critics argue hurts homeowners and contributes to Baltimore’s vacancy problem.
Mortgage Daily, Nov. 18, 2016–Garcia, Sam
Several mortgage bankers and mortgage service providers were among companies recently recognized as best employers. Culture was cited among some for their elevated status.
Business Recorder/Reuters, Nov. 21, 2016
Deutsche Bank and Citigroup teamed up to offer a new $975 million commercial mortgage-backed securities bond they hope will satisfy new risk-retention rules that take effect next month. The banks plan to keep at least 5 percent of each class of the securitization.
Bloomberg, Nov. 8, 2016–Stohr, Greg
U.S. Supreme Court justices signaled they may divide over the ability of cities to use the Fair Housing Act to sue banks for discriminatory lending practices that contribute to urban blight.
Mortgage Daily, Nov. 8, 2016
The transaction involves 3,508 Fannie Mae loans with an aggregate principal balance of $789 million.
HousingWire, Nov. 8, 2016–Lane, Ben
According to PHH, it is set to begin the exit from the private-label business and intends that process to be substantially complete by first quarter 2018.
