IMFnews

April 30, 2018

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CMLA Picks Industry Vet Ed Wallace as New Director

CMLA favors a recapitalization and reform plan for Fannie Mae and Freddie Mac, one where they are transformed into “utilities.” Read More

Agency Servicing Transfers Slowed in Early 2018

In 1Q18, the top three coissuance sellers of servicing rights were Fairway Independent Mortgage, Finance of America, and Movement Mortgage. Read More

Redwood Trust to Acquire Minority Stake in Non-Agency Lender 5 Arches

“The opportunity for us is clear,” said Christopher Abate, president of Redwood. “Capital needs in this still emergent sector of housing finance continue to rise..." Read More

1Q18 Roundup: Megabanks Suffered Mega Declines in Lending

In an unusual development for a top mortgage lender, BofA announced that it would no longer report any information about its mortgage banking operations. Read More