Freddie Mac’s record Q3, CIS and Universal Credit merge, AmeriHome delays IPO and more of the week’s news
Also: Fannie Mae announces imminent implementation of hedge accounting.Read More…
Author: RSS FEED
Zombie foreclosures rise, could be indicative of what’s to come
While the total foreclosures continued to fall with coronavirus moratoria in place, the share of zombie properties rose in the fourth quarter, accordiRead More…
New Windows 10 preview brings automatic Linux distro installation to WSL
Microsoft’s latest Insider build also marks a switch to the FE_RELEASE branch of Windows 10 development.Read More…
People on the move: Oct. 30
Mortgage industry hiring and new job appointments for the week ending Oct. 30.Read More…
JPMorgan seeks to price first SOFR-referenced prime-loan MBS
Four tranches of AAA-rated notes in the $342.2 million JPMorgan Mortgage Trust (JPMTT) 2020-8 may utilize a term-SOFR rate should the benchmark improvRead More…
Freddie Mac 3Q earnings growth backed by record single-family volume
The government-sponsored enterprise also saw a 22% increase in net worth from the second quarter.Read More…
Small loans are a pain point amid the pandemic: NY Fed panel
Researchers are increasingly focused on the risks related to owner-occupied loans with low balances and low-income properties with a limited number ofRead More…
Watch out Zoom: Microsoft Teams now has more than 115 million daily users
Microsoft Teams has added another 40 million daily active users since April 2020.Read More…
Zillow: Pandemic uncertainty is keeping 34% of home sellers out of the market
Hesitant home sellers could be one reason there is such low housing inventory, according to a report from Zillow. Thirty-four percent of would-be homeRead More…
Credit report provider CIS doubles size with Universal Credit merger
This deal comes a little more than two months after CIS combined with Avantus.Read More…