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The plan could value the government-controlled mortgage giants at some $500 billion or more and would involve selling between 5% and 15% of their stock.
August 8
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A credit analyst manually reviews the pool's underwriting decisions, instead of just leaving it all to automated underwriting methods.
August 7
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The lender and servicer, which posted stronger originations, suggested more efficient production with improvements including renegotiated vendor contracts.
August 7
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Both originations and servicing segments contributed to the second-quarter's positive numbers, with production up by over 14% year over year.
August 7
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In the second quarter, the nation's largest originator funded $39.7 billion in mortgages, including $27.3 billion in purchase loans.
August 7
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The company, which is projecting adjusted EBITDA profit next fall, saw its Neo Home Loans arm more than double its production from the first quarter.
August 7
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From warehouse offerings from a subservicer to a development willing to take crypto for purchases, these firms are looking to fill holes in the market.
August 7
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Citigroup Inc. Chief Executive Officer Jane Fraser met with President Donald Trump on Wednesday to pitch public stock offerings for mortgage giants Fannie Mae and Freddie Mac.
August 6
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MBA urges GSEs to drop tri-merge credit rule, calling it outdated and costly as FHFA weighs broader credit reporting and scoring reforms.
August 6
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While the company exceeded analyst expectations on several fronts, its Q3 outlook includes softer revenue and a slide back into negative EBITDA.
August 6
