On Wednesday, after Jerome Powell's first Federal Open Market Committee (FOMC) meeting as Fed Chair, the Federal Reserve announced that it had increased the Fed funds rate by ...
Read More »Ginnie Mae’s MBS Outstanding Remains Stable at $1.9T
Ginnie Mae, the wholly owned government corporation that attracts global capital into the housing finance system announced on Tuesday that its issuance of Mortgage Backed Securities (MBS) over ...
Read More »How will Fed Rate Hikes Affect Housing?
The meeting of the Federal Open Market Committee (FOMC)—the policy-making arm of the Federal Reserve begins today. This is also the first time that the meeting is being ...
Read More »Fannie Mae: Housing Market Headwinds are Temporary
The housing market might have had a rough start to the year, but according to Fannie Mae’s Economic and Housing Outlook released on Monday, this quarter seems to ...
Read More »Fidelity National Acquires Stewart Information Services for $1.2B
One of the country’s largest title insurance companies, Fidelity National Financial Inc (FNF), has signed an agreement to acquire Stewart Information Services, for $1.2 billion, Fidelity said in ...
Read More »HouseCanary Wins $706.2 Mn Verdict Against AMROCK Inc.
A federal jury in Texas has awarded HouseCanary, a provider of real estate valuation and assessment tools, $706.2 million in its breach of contract and trade secret misappropriation ...
Read More »MPF Program and Ginnie Mae Surpass $1 Bn in MBS
The MPF Program recently surpassed $1 billion in mortgage-backed securities (MBS) issued. The MPF Government MBS product was the result of a partnership forged by the Federal Home ...
Read More »Caliber Home Loans Launches Mobile Platform
Coppell, Texas-headquartered Caliber Home Loans, Inc. (Caliber), has announced the launch of a new mobile platform. Featuring three mobile phone apps customized for three user groups–borrowers, the Caliber ...
Read More »The Week Ahead: Gauging Existing Home Sales
The National Association of Realtors (NAR) will publish the data on the sale of existing homes for February, on Wednesday, March 21, at 10 a.m. EST. The monthly ...
Read More »Helping the Mortgage Industry, One Course at a Time
Continuous learning is a necessity for professionals in the servicing and mortgage industry. With this in mind, the Five Star Academy (FSA), a Five Star Institute brand, recently ...
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