A plan for Fannie and Freddie coming soon?

A plan for Fannie and Freddie coming soon?

Fannie Mae (OTCQB:FNMA +10.6%) and Freddie Mac (OTCQB:FMCC +7.7%) gain after a report that the acting head of the Federal Housing Finance
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Matthew Tully Joins Sagent Lending Technologies as VP of Agency Affairs and Compliance

Sagent Lending Technologies has announced the appointment of Matthew Tully to its executive leadership team as Vice President of Agency Affairs
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US mortgage market stable but facing challenges says Fitch

It says that a new appointment to oversee Fannie Mae and Freddie Mac could result in less government participation in the mortgage market,
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Trump Meets North Korean Official Amid Rising Summit Speculation

Vice President Mike Pence told NBC News that the U.S. would seek a “verifiable plan” to declare North Korea's nuclear sites and weapons stockpiles
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Lender offers cash-out refis to aid federal workers during shutdown

Better Mortgage has launched a mortgage refinance program to help federal government employees affected by the shutdown utilize their home
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Sellers Market Still Holds in Area

The trend of lessening inventory is consistent across the region as the … Local real estate agent Tori McKinney of Rock Star Realty cautioned that it's
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BoE predicts mortgage demand to fall

Demand for purchase mortgages has dropped “significantly” in the last quarter of 2018 and is expected to fall further in the coming months, according
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'Mortgage prisoners could have saved thousands of pounds' – Star Letter 18/01/2019

This week's top contribution is from Mark Hayman for his response to the article: FCA will not 'hang around' on mortgage prisoners affordability
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Lloyds Banking Group confirms borkage affecting 'Faster Payments'

LLOYDS BANKING GROUP'S online services have taken a trip to Borksville, with customers unable to make payments or transfer money.
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ARM mortgages are popular again: Are they the choice for you?

The typical 30-year, fixed-rate mortgage in 2017 averaged 3.98 percent, according to Freddie Mac. Historically, that is remarkably low. The average
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Wisconsin foreclosure filings hit 18-year low in 2018

Wisconsin posted its fewest mortgage foreclosure filings in 18 years in 2018, reflecting a good economy and low unemployment. Courts in the state
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Lloyds, Halifax and Bank of Scotland hit with online banking problems

Customers of Halifax, Lloyds and the Bank of Scotland are unable to make online banking payments. The banks have all confirmed issues with its
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Morgan Stanley targets Singapore's rich China entrepreneurs

“The city is a key business hub for China entrepreneurs, as well as a family office nexus,” Vincent Chui, who heads the bank's Asia wealth operations,
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Mortgage rates low, lenders urge to buy now

Mortgage lenders and real estate agents say this could possibly be a good time to buy a home with the low rates. “The lower the rates, the more
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Duncan Campbell

National Mortgage News. Login Free Trial/Subscribe · National Mortgage News · Resources · Events. All Sections. Origination · Servicing · Technology
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IT outage hits hundreds of thousands Lloyds Bank customers

An IT outage at Lloyds Banking Group left it unable to process hundreds of thousands of payments on Friday, with customers at risk of being
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Alexandria Ocasio-Cortez and the Revenge of the Millennials

Almost every major new economic initiative proposed by Democrats — the Green New Deal, Medicare for all, debt-free college — has a common
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Trump Takes a Step Closer to Impeachment

I've said for months that the evidence against President Donald Trump might demand impeachment at some point, but that we weren't there yet — we
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Patisserie Valerie locked in talks over banking lifeline

The cake and cafe chain Patisserie Valerie was locked in talks about securing a lifeline from its banks on Friday after admitting it had uncovered
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Apple Ordered to Pull Part of Press Statement in iPhone Case

… the December judgment also ordered Apple to recall the products from resellers, according to a copy of the decision obtained by Bloomberg News.
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