The Federal Housing Finance Agency (FHFA) wants to drop “reputational harm” as a basis for suspending firms and individuals that do business with Fannie Mae, Freddie Mac and the Federal Home Loan Banks. In a notice of proposed rulemaking published Monday in the Federal Register, the agency said removing the reputational-harm standard would “eliminate redundancy” and […]
FHFA proposes changes to suspended counterparty program Read More »
Higher mortgage rates will weigh on second-quarter originations and third-quarter guidance for nonbank lenders, even as slower prepayments bolster servicing income, BTIG analysts said in a report issued Monday. Earnings season will start on Tuesday with Wells Fargo and JPMorgan Chase, giving investors something to chew on before the publicly traded nonbanks deliver their results
Higher mortgage rates pressure nonbank originations in Q2 Read More »
Meridian Title Corp. has acquired IN Title Company, expanding its presence in Indiana and growing its network to 43 offices across Indiana and Michigan. IN Title Company, which serves Delaware and Henry counties, will continue operating with its existing team while gaining access to Meridian’s technology, resources and expanded title service offerings. According to Jim
Meridian Title Corp. expands in Indiana with acquisition Read More »