Fannie Mae partners with Palantir to weed out fraud
Bill Pulte and the government-sponsored enterprise's chief executive will be working with a firm that analyzes big data and utilizes artificial intelligence.
Capital markets
Trump says Fannie Mae to keep US guarantee as public firm
President Donald Trump said that the US government would retain guarantees and an oversight role over Fannie Mae and Freddie Mac even as he pursues a public offering for the mortgage giants.
Hildene Capital closes new non-QM deal
The transaction is the fourth of its type the company has done this year through the partnership it has had with Crosscountry Mortgage since late 2022.
Guild Mortgage, Bayview Asset explore servicing M&A
This potential transaction would be part of a broader trend of mortgage lenders and servicing players converging, such as Rocket's recent acquisition of Mr. Cooper.
Trump mulling exit nudges GSE stocks higher, MBS wider
The notion that the enterprises could be a source of revenue has led to a suggestion that the funds from a public offering could be reinvested in housing.
What Ginnie Mae’s newest executive is planning for mortgages
COO Joseph Gormley weighed in on cuts at the securitization guarantor and efforts to improve the industry's efficiencies and the government's.
Mortgage bonds largely unscathed after Moody’s downgrade of US
Mortgage bonds supported by government-backed companies like Fannie Mae and Freddie Mac were trading slightly wider Monday morning after Moody's Ratings downgraded the US late last week.
TCB appeals ruling for Ginnie Mae in lawsuit over collateral
The closely watched case centers on bank allegations the government corporation promised certain reverse-mortgage assets in return for funding then reneged.
How Angel Oak handled volatility’s impact on non QM
The company took a break from securitization during the first quarter but was able to get a deal done shortly after the fiscal period ended.
Castlelake LP, Invictus Capital Partners team up on non-QM
The partnership between alternative investment managers adds to signs investors see the private mortgage market as attractive, albeit not immune to risk.
JPMorgan’s non-prime mortgages raise $332.6 million
Moderate leverage is one example of cleaner credit, as the current collateral pool's original loan-to-value (LTV) ratio is 69.1%, down from 71.7% on the 2024-NQM1 series.
Why Brookfield and Angel Oak are teaming up
The global asset manager wanted access to the smaller company's residential mortgage credit strategies, which will become available to a larger investor base.
Multifamily debt outpaces CRE for 10th quarter
Multifamily debt held by all capital sources continues to grow at a faster pace than the overall commercial market, the Mortgage Bankers Association said.
New FHFA chief revamps Fannie Mae, Freddie Mac’s boards
Federal Housing Finance Agency Director Bill Pulte is the new chair for both and he has removed several members while adding a few new names at each.
Angel Oak eyes non-QM growth if Trump GSE plan advances
Easing regulations on the GSEs will likely drive elevated activity in non-QM if or when it occurs, leaders at the real estate investment trust also said.
Sports debt expected to be newest collateral for securitizations, Academy says
Private equity firms are buying stakes in sports teams more frequently, at the same time that more stadiums are being built or renovated.
Fannie Mae’s net income slips on lower credit-loss benefit
The enterprise failed to improve on its net income but did report a steady profit, and got closer to meeting minimum risk-based regulatory capital requirements.
The first Trump 2.0-era Fed meeting’s takeaways for mortgage
Mortgage experts were expecting the first FOMC meeting under President Trump would have more significance in the long run than short-term, with some wild cards.
WaFd is the latest bank to exit mortgage lending
Commoditization of mortgages, plus technology that eases the refinance process, and the regulatory environment, all contributed to the decision.
Freddie Mac promotes from within for CFO role
James Whitlinger, Freddie Mac single family chief financial officer, has served as the company's interim CFO since Christian Lown's departure at the end of June.
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