Items Tagged with 'mortgage finance'


  • Fannie Mae, Freddie Mac still in conservatorship in 2024? Calabria says it’s possible

    Tells Reuters that he hopes to have GSEs out of conservatorship by 2024
    Recent reporting by Bloomberg suggested that the Trump administration may be wavering on pursuing widespread reforms of Fannie Mae and Freddie Mac in advance of the 2020 election due to the potential economic impact of those reforms on voters. Now, Federal Housing Finance Agency Director Mark Calabria now says it’s possible that the GSEs may remain in conservatorship until 2024, at least.
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  • NEXT mortgage conference kicks off by empowering women to stand together

    Attendants prepare to learn latest trends in mortgage tech
    NEXT, the mortgage tech conference for women, has kicked off, and its leaders began by describing the importance of women in not just mortgage finance, or tech, but in the business world. The conference is full of women from all over the U.S., ready to learn the latest trends from the mortgage tech industry, and the next two days should bring the latest trends to the forefront.
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  • Welcome home: Ally steadily grows mortgage business

    Posts increase in mortgage finance revenue
    After stepping away from the mortgage side of the business back in 2012, Ally Financial is showing steady progress back into the space as it redevelops the business. With less than a year under Ally Home Bank’s belt, here’s the latest pulse on how the business is doing.
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  • What is causing considerable operational headaches in the mortgage sector? 

    My panel at the CMBA conference next month will help explain
    [Commentary] I will be moderating a CMBA servicer panel promisingly entitled “Utilization of Technology in Mortgage Servicing” that will allow some of the experts in the industry to talk about the current industry environment and how technology helps them manage their business. Here's what we're going to cover and who will be on stage with me.
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  • Interest rates slightly dent Fannie Mae's first-quarter profits

    Expects to pay $2.8 billion in dividends to Treasury
    Fannie Mae started off the year profitably but still struggled to compete with the gains witnessed at the end of 2016. According to its first-quarter earnings, Fannie Mae’s net income came in at only a little more than half of what it posted in the fourth quarter. Regardless, the government-sponsored enterprise expects to pay Treasury a $2.8 billion dividend in June 2017.
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  • From HW Magazine

    What will the mortgage industry look like with a new sheriff in town?

    Ballard Spahr partner outlines what to expect under Trump
    While other state and federal regulatory bodies overlap in their regulation of the mortgage industry, the very particular consumer focus of the CFPB is not duplicated by any other body. Will deregulation mean a return to the Wild West lending atmosphere that led to the financial crisis? What happens next? We asked John Socknat, partner at Ballard Spahr, to weigh in on what mortgage lenders and servicers can expect from a Trump administration.
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