Compensation for leaders at publicly traded mortgage giants wavered last year, although a few executives received massive stock awards. Rocket Cos. CEO Varun Krishna led the field with $52.9 million in total compensation in 2025, according to the company’s annual report. Like his peers however, the majority of his earnings came in stock-related awards, although […]
The highest paid mortgage executives in 2025 Read More »
A bank is fighting the Federal Reserve Board of Governors to roll out a loan program involving real estate purchases that the lender says it needs to compete with local independent mortgage banks. Processing Content Upstate New York-based Canandaigua National Corp. is contesting the Fed Board’s decision in the 2nd U.S. Circuit Court of Appeals,
Bank fights Fed to offer cash guarantee mortgages Read More »
Fannie Mae has reported a jump in its retained portfolio size that investment professionals at Rithm have recently noted is the largest seen since the Great Financial Crisis. Processing Content The government-sponsored enterprise retained a combination of loans and mortgage-backed securities totaling nearly $168.74 billion in March, up considerably from the previous month’s $150.39 billion.
Fannie Mae’s portfolio surge is the biggest in over a decade Read More »