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Fannie Mae, Freddie Mac reach deal to ease mortgage lending
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Mortgage financing giants Fannie Mae and Freddie Mac, together with their federal regulator, have drawn up rules aimed at loosening constricted lending standards to make mortgages more affordable and easier to get for those with less than stellar credit.
 
Bulls moving into mortgage sector
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Last week brought good news for the mortgage market, and investors are coming back to companies with major exposure to the sector. optionMONSTER's Heat Seeker monitoring program detected a flurry of bullish ...
 
Rates Below 4% Leave U.S. Refinancing Banker Sleepless
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The drop in mortgage rates below 4 percent has cut into Debra Shultz's sleep. Shultz helped a Greenwich Village homeowner on Wednesday lock in a 3.63 percent interest rate for a 30-year fixed jumbo mortgage of more than $900,000. "It just went crazy," said Shultz, a senior vice president of mortgage lending at Guaranteed Rate in New York. Mortgage rates are following a slide in 10-year Treasury ...
 
Ellie Mae Now Accepting Nominations for Ellie Mae Hall of Fame
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Ellie Mae® , a leading provider of innovative on-demand software solutions and services for the residential mortgage industry, announced that nominations are now being a
 
Fairway Independent Mortgage Corporation Opens Branch In Scottsdale, Arizona
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SCOTTSDALE, Ariz., Oct. 7, 2014 /PRNewswire/ -- Fairway Independent Mortgage Corporation, one of the country's largest mortgage companies, announces it has added a new branch in Scottsdale, Arizona. Jon Tobias, a top mortgage originator in Arizona's Maricopa County, will head the new branch. "We are delighted to welcome Jon Tobias and his team to Fairway," said Steve Jacobson, CEO of Fairway ...
 
Fairway Independent Mortgage To Train Real Estate Professionals In Atlanta On Working With Military Veterans
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ATLANTA, Oct. 3, 2014 /PRNewswire/ --  Fairway Independent Mortgage Corporation , one of the country's largest mortgage companies, will train Realtors at Boot Camp training events this week in Atlanta, ...
 
Fairway Independent Mortgage To Surprise Veteran With Mortgage-Free Home
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ATLANTA, Oct. 3, 2014 /PRNewswire/ --  Fairway Independent Mortgage Corporation , one of the country's largest mortgage companies, will educate Realtors at Boot Camp training events this week in Atlanta, ...
 
Mutual of Omaha Bank, Guild Mortgage Announce Lending Relationship
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Mutual of Omaha Bank is expanding its correspondent lending relationship with Guild Mortgage Co., the companies announced.
 
Life Company Mortgage Returns Dip in Second Quarter 2014
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BOSTON, Oct. 16, 2014 /PRNewswire/ -- Commercial mortgage loans held by life insurance companies returned 2.23 percent in second quarter 2014, down slightly from first quarter's total return of 2.43 percent, ...
 
Judge rules against investors in gov't dispute
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WASHINGTON (AP) — A federal judge on Tuesday ruled against investors who are trying to collect billions of dollars in profits of government-chartered mortgage companies Fannie Mae and Freddie Mac.