Redwood Trust is looking to acquire more jumbo mortgages and many of the nonbanks the firm works with could use some financing, making Redwood’s new funding initiative a good match. During the second quarter of 2018, Redwood deployed $40.0 million in customized financing for nonbanks that deliver jumbos to the real estate investment trust. The initiative is part of a diversification effort. Dashiell Robinson, president of Redwood, noted that the REIT isn’t acting as a ...

Former Federal Housing Finance Agency Acting Director Ed DeMarco told us the bill is a good starting point and includes language that both Democrats and Republicans can agree on...

Fitch views prepayments as a positive credit factor…

The nation’s PMIs have made a significant dent in the first-timer market, insuring a greater volume of mortgages guaranteed by Fannie and Freddie…

Peters departed First Guaranty Mortgage Corp. earlier this year...

The weighted-average coupon is 6.50 percent.

Finding a suitable candidate could prove difficult because of a $600,000 salary cap placed on the position by Congress back in 2015.

One housing lobbyist dismissed the bill as misguided, adding: “This is like someone laying on their death bed after drinking and sinning and finally realizing they need to get baptized.”

Never one to mask his complete disdain for Fannie Mae and Freddie Mac, Rep. Jeb Hensarling let it rip...

August often sets the high-water mark for annual purchase-loan business for the agencies…