Fannie Mae released its Q1 financial statement Thursday. Overall, the news was good for the GSE. Fannie posted a net income of $4.3 billion, after taxes, in Q1. ...
Read More »“Roughly Balanced”: Federal Open Market Committee Examines Economic Outlook
The Federal Reserve kept interest rates unchanged after the latest FOMC meeting, but what does this mean for the mortgage landscape as inflation creeps closer to the Fed’s target?
Read More »Legal League 100 Summit Unites Legal, Mortgage Servicer Reps
Kicking off with a member reception Monday night at the historic Joule Hotel in Dallas, Texas, the 11th semi-annual Legal League 100 Servicer Summit continues on Tuesday with ...
Read More »Thomas M. Hoenig Stepping Down from FDIC
Vice Chairman and a Member of the Board of Directors of the Federal Deposit Insurance Corporation (FDIC) Thomas M. Hoenig has announced that he is stepping down on ...
Read More »Sam Khater Joins Freddie Mac as Chief Economist
Khater will lead a team of researchers in providing insights and analysis on economic trends and policies affecting Freddie Mac and the housing market.
Read More »CFPB Amends “Know Before You Owe” Rule
The amendment comes after lenders asked for clarity from the bureau on when creditors could pass on increased costs to consumers.
Read More »Ocwen Awarded Top Servicing Performance Rating from Fannie Mae
Ocwen Financial Corporation, a financial services holding company based in West Palm Beach, Florida, has announced that the company was named a Fannie Mae Servicer Total Achievement and ...
Read More »Innovating Throughout the Mortgage Lifecycle
In his role as SVP, Head of Digital Products at Fannie Mae, Henry Cason is responsible for the design, development, and launch of a digital suite of products ...
Read More »Sen. Brown: “Mr. Mulvaney Should Resign”
Reacting to the CFPB Acting Director’s recent ‘Pay to Play’ comments at an industry event, the Ohio Senator and top Banking Committee Democrat called for Mulvaney to step down.
Read More »Mulvaney: “CFPB Will Do What the Law Says”
Speaking at a recent industry event, Acting Consumer Financial Protection Bureau Director Mick Mulvaney told an assembled crowd of bankers that numerous changes were in store for the ...
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