Technology

Browse articles from IMFnews related to Technology.

March 21, 2019 - IMFnews

Short Takes: The Supremes Rule on Foreclosures and the FDCPA / It’s Good to be King, Unless You’re the CEO of Freddie Mac / Angel Oak Bolsters Office Space Big Time / Tennessee Bank Looking for Non-QM Loans / Two New Directors for Fannie / Correction: Freddie CEO, Not Fannie

Based on Freddie’s annual profits, CEO Don Layton is probably one of the two most underpaid bosses in the world of finance. Soon that distinction will belong to David Brickman...


March 12, 2019 - IMFnews

Trump Wants to Slash HUD’s Budget by 16%, but Allows for FHA ‘Tax’ to Upgrade IT

The Trump White House wants to impose a fee on FHA lending to raise the money...


March 5, 2019 - IMFnews

Short Takes: Freddie Mac Invests $61M in Affordable Housing / AMC Acquires a Title Search Firm / Stevens Joins Tech Company / CFPB Kicks Off PACE Financing Rulemaking

Freddie Mac on Monday initiated three investments in affordable housing managed by National Equity Fund ...


February 28, 2019 - IMFnews

Ellie Mae Proxy Reveals Kill Fees and a Big Golden Parachute for CEO

Ellie Mae executives entitled to “golden parachute” payments include Jonathan Corr, Dan Madden, Cathleen Schreiner Gates and others…


February 25, 2019 - IMFnews

Short Takes: Kushner Getting Cushy with Fannie and Freddie? / Working with Lenders, Not Property Owners / Prepayments Fall to 18-Year Low / More Funding for Better.com

A Freddie spokesman confirmed to us what we’ve always assumed: “We are not a primary lender.”


February 22, 2019 - IMFnews

What We’re Hearing: Franklin Raines’ Dream / FannieMae.com? / The Hype Behind Digital Mortgages and Cost Savings / Replacing Moderately Paid Workers with Expensive Programmers / Calabria a Lock? / NAR's GSE Ideas

And here’s another farce: Once the system is built, maintaining it will be cheap (because regulations and products never change)…


February 22, 2019 - IMFnews

Money-Losing Zillow Has New (Old) CEO, Plans Significant Foray into Mortgages

Zillow’s management believes that within three to five years the firm could originate 3,000 mortgages per month...


February 20, 2019 - IMFnews

loanDepot Launches Digital Mortgage Process, Says It Can Close a Loan in 8 Days

To date, loanDepot has spent $80 million on the effort...


February 14, 2019 - IMFnews

Nationwide Appraisal Firm CoesterVMS Goes Bust

Back in November, the company’s founder and President Brian Coester said: “It’s business as usual here...”


February 13, 2019 - IMFnews

Short Takes: A Nice Month for Pershing Square / No Mention of the GSEs / A Mortgage-Related M&A Deal Drags On / Delayed by the Chinese New Year / A New MBS From Deephaven / Pavaso Hires Mortgage Tech Vet Tim Anderson

After two-plus years of waiting, the Genworth deal has yet to close...


February 12, 2019 - IMFnews

PE Firm to Take Ellie Mae Private in a Deal Valued at $3.7 Billion

Under the terms of the agreement, Ellie Mae shareholders will receive $99.00 in cash per share.


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