Items Tagged with 'mortgage market'


Fannie Mae approval of SoFi as servicer, seller signals future growth

'Will enable us to serve more members'
Although SoFi only recently ventured into the mortgage industry from the world of student loans where it got its start, it's not taking long to catch up and compete. SoFi further cemented its place in the mortgage market by announcing that Fannie Mae approved its wholly owned subsidiary SoFi Lending Corp. as a seller and servicer.
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MERS and ICE in talks to merge

Steps into $9.4 trillion mortgage market
Intercontinental Exchange, which is best known for energy trading, could possibly be stepping into the mortgage market. The company is currently in negotiations to form a partnership with Mortgage Electronic Registration Systems.
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Mortgage analytics firm Digital Risk moves to 'hybrid' workforce

Transition to impact roughly 40% of employees
Analytics and risk management specialist Digital Risk is moving as many as 740 employees in Florida to a 'hybrid' workforce model over the next 60 days, in a mass reclassification effort designed to deliver a more flexible workforce. The move represents roughly 40% of the company's employees, according to the Sun Sentinel, which originally reported the news.
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Mortgage insurers are not a panacea to stable housing finance reform

Insurance regulator says insurers can help, but underwriting remains key
Mortgage insurers experienced a period of great volatility after the 2008 housing bust, and those insurers that survived want a place in the future secondary mortgage market once the government-sponsored enterprises have been fully reformed.
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