Freddie Mac: Here are the top 5 improving metro markets for housing

The Census Bureau is cooking the new home sales numbers

You can’t make bricks with imaginary straw

The 12 hottest housing markets right now

And the biggest losers in the price growth race
W S

Firms adjust to industry changes

Dollar in the sand
/ Print / Reprints /
| Share More
/ Text Size+

According to Rob Chrisman’s Daily Mortgage News & Commentary, MGIC (MTG), CapWest Mortgage and Residential Finance are realigning themselves in the market to adjust to industry changes.

Repositioning itself to be more like Fannie Mae and Freddie Mac, MGIC decided it would no longer require a manual underwrite if the property being aquired has sold within the last 180 days.  

Additionally, CapWest Mortgage is expanding its secondary market operations to include a wholesale and mini-correspondent platform.

Meanwhile, Residential Finance is shifting gears from refinance to purchase focused.

Read full story

Recent Articles by HousingWire Staff

Comments powered by Disqus