Most Recent Secondary markets News

Fannie Mae cutting 62 positions: FHFA Director Bill Pulte

Fannie Mae cutting 62 positions: FHFA Director Bill Pulte

Fannie Mae has staged a new round of layoffs impacting 62 people viewed as working in noncore functions, according to...

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Fannie Mae names Akwaboah acting CEO, replacing Almodovar

Fannie Mae names Akwaboah acting CEO, replacing Almodovar

Fannie Mae Chief Operating Officer Peter Akwaboah has added the acting CEO title following the departure of Priscilla Almodovar, the...

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Bowman says Fed should use smallest possible balance sheet

Bowman says Fed should use smallest possible balance sheet

Federal Reserve Vice Chair for Supervision Michelle Bowman said the U.S. central bank should seek to achieve the smallest balance...

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Rithm Capital acquires asset management firm Crestline

Rithm Capital acquires asset management firm Crestline

Rithm Capital announced a new acquisition that adds an insurance business and further boosts its efforts to grow beyond its...

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FHA is also adopting the UAD 3.6 appraisal format

FHA is also adopting the UAD 3.6 appraisal format

The Federal Housing Administration, which receives the largest share of mortgage applications among the government guarantors, is adopting the UAD...

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FHFA’s Pulte has issue with Powell’s take on Fed housing role

FHFA’s Pulte has issue with Powell’s take on Fed housing role

Housing regulator Bill Pulte showed new frustration with Federal Reserve Chairman Jerome Powell and the latest decision to keep short-term...

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FHFA set to end equitable housing finance plans for GSEs

FHFA set to end equitable housing finance plans for GSEs

The Federal Housing Finance Agency is proposing to repeal its fair lending, fair housing and equitable housing finance rule, stating...

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Non-prime U.S. residential mortgage pool secures $283.64M Santander notes

Non-prime U.S. residential mortgage pool secures $283.64M Santander notes

Santander Bank is sponsoring the issue of its third non-qualified mortgage (non-QM)/investor loan securitization this year. The bank is a...

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FHLBank San Francisco invests $53M in Fannie Mae bond

FHLBank San Francisco invests $53M in Fannie Mae bond

The Federal Home Loan Bank of San Francisco has invested nearly $53 million in a Fannie Mae bond issuance to...

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Citi invests in business purpose lender Vontive

Citi invests in business purpose lender Vontive

Vontive, which is a fintech specializing in business purpose mortgages, has received an investment from Citi, which also acted as...

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