Xactus bought a platform used by its competitors and turned it into a new subsidiary and company leaders say the deal is less about market share than where fintech is heading. Processing Content The purchase of Mortgage Credit Link, the web-based order fulfillment platform serving consumer reporting agencies, by Xactus’ parent company brought with it […]
Xactus turns a rival’s tool into its own fintech bet Read More »
The Federal Housing Administration is seeking feedback on its current single family minimum property requirements, after the Mortgage Bankers Association and others nudged the agency earlier this month. Processing Content The FHA published a request for information in the Federal Register Friday, looking for stakeholder comment on how to improve and modernize standards that have
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Global interest appears to be fueling a notable pickup in issuance of real estate mortgage investment conduit securities at Ginnie Mae, Freddie Mac and Fannie Mae, according to a new report. Processing Content REMICs made up $80 billion or 40% of Ginnie Mae single-family mortgage-backed securities issuance year-to-date in April. In addition, financial disclosures show
REMIC share grows at Ginnie Mae, Fannie Mae and Freddie Mac Read More »