Realogy Forms New JV with Guaranteed Rate, Ends One with PHH

Category: National Mortgage News
Published: Sunday, 26 February 2017
"We believe this outcome represents the best opportunity to maximize the value of this platform," said PHH CEO and President Glen Messina.

Commercial Volume Projected to Set Record in 2017

Category: National Mortgage News
Published: Saturday, 25 February 2017
Commercial mortgage loan originations in 2017 are expected to increase 3% over last year to a record high, as market fundamentals and property prices remain strong, according to the Mortgage Bankers Association.

Mortgage Rates Diverge from 10-Year Treasury Yield

Category: National Mortgage News
Published: Friday, 24 February 2017
The 30-year fixed-rate mortgage averaged 4.15% for the week ending Feb. 16, down from last week when it averaged 4.17%. A year ago at this time, the 30-year fixed-rate mortgage averaged 3.65%.

Fannie Prices First Resecuritization of Green Multifamily Bonds

Category: National Mortgage News
Published: Thursday, 23 February 2017
The $1 billion FNA 2017-M2, which priced Wednesday morning, is Fannie Mae's second GeMS REMIC of the year. It included two tranches that are backed by 30 loans originated under Fannie Mae's green program and individually securitized.