Items Tagged with 'Secondary mortgage market'


  • FHFA releases final rule on Fannie, Freddie single security

    GSEs will officially begin issuing the security on June 3
    Following years of planning, the Federal Housing Finance Agency announced that the Uniform Mortgage-Backed Security is almost here. The FHFA issued its final rule for the single mortgage-backed security that will be issued by both Fannie Mae and Freddie Mac.
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  • MAXEX raises $38 million in new capital

    The mortgage loan exchange provider will use the new capital to improve its platform and expand its operations
    MAXEX, a residential mortgage loan exchange provider, just raised $38 million in new funding with Moore Asset Backed Fund leading the charge. Combined with its Series A round, MAXEX has raised a total of $73 million in capital since its founding in 2013.
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  • Small lenders to Congress: Here’s the GSE reform we don’t want to see

    Testify before Senate Banking Committee
    The Senate Banking Committee on Thursday held a hearing entitled Housing Finance Reform: Maintaining Access for Small Lenders. During the hearing, lenders urged Congress to enact new legislative reform, but cautioned them against pitfalls which would hurt small and mid-sized lenders. In short, here’s the kind of reform they don’t want to see.
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  • From HW Magazine

    Secondary market forecast

    2017 promises growing risk and sparse returns
    About a week before the November 2016 election, the U.S. Treasury market started to move lower. The cause of this increase in yield on the benchmark 10-year bond was not fear of an interest rate hike by the Federal Open Market Committee or the specter of higher inflation. No, the outlier event that shook the financial world out of years of torpor was a commercial real estate developer named Donald John Trump.
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  • Altisource launches mortgage trading platform

    noteXchange to deliver greater efficiency
    Yet another company found a way to increase their security in light of the increasing number of hacks in the mortgage space. Altisource launched its new mortgage trading platform which creates more efficiency and security in the secondary mortgage market.
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  • Mortech, Resitrader partner to provide real-time pricing data for whole loan trading

    Mortech data will now be available within Resitrader’s mortgage trading platform
    Mortech, a Zillow Group company that provides mortgage technology solutions for mortgage bankers and the secondary market, announced Wednesday that it is partnering with Resitrader to offer real-time pricing data within Resitrader’s whole loan mortgage trade management software.
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  • MCT Trading selects Paul Yarbrough to oversee client on-boarding

    Will also manage secondary marketing technology and solution training
    MCT Trading, a risk management and advisory services company, announced the addition of Paul Yarbrough. In his new role, Yarbrough will manage new client on-boarding, oversee the company's secondary marketing technology, and more.
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