November mortgage lock data driven by strong refinance activity
November’s mortgage rate-lock activity slowed but posted the strongest results in four years, driven by a surge in refinances.
Secondary market
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Incenter Lender Services plays ‘matchmaker’ with new fair lending platform
Incenter introduces the CRA Exchange Platform, a free tool for lenders to streamline CRA loan trading and enhance financial performance.
Friday Harbor’s AI originator assistant now supports overlays
Friday Harbor’s AI Originator Assistant now includes overlays, enhancing loan compliance and credit quality control for lenders.
Ex-GSE risk chief makes case for Fannie-Freddie merger
Clifford Rossi, academic director of the Smith Enterprise Risk Consortium at the University of Maryland, pushes a merger as solution to avoid a race to the bottom.
A&D Mortgage announces $459M RMBS transaction
The RMBS deal, done in partnership with Imperial Fund Asset Management and Clearwater Analytics, is expected to close on March 13.
With Ginnie Mae under fire, concern about market disruption is growing
Ginnie Mae is a target of DOGE, but housing companies are pushing back according to reporting from Bloomberg.
New MBA securities proposal mentions HMBS 2.0 as ‘logistical template’
A new MBA proposal for a Ginnie Mae securities product could be taking inspiration from recent actions in the reverse mortgage business.
MAXEX hires Daniel Wallace as chief operating officer
Wallace brings 30 years of tech-building experience across mortgage, asset management and capital markets.