Mortgage loan

Freddie Mac Announces Issuance of New Five-Year Reference Notes Security

Wednesday, September 23, 2020 - 2:30pm

MCLEAN, Va., Sept. 23, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) announced today that it plans to issue new five-year USD Reference Notes security, CUSIP number 3137EAEX3, due on September 23, 2025.

Key Points: 
  • MCLEAN, Va., Sept. 23, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) announced today that it plans to issue new five-year USD Reference Notes security, CUSIP number 3137EAEX3, due on September 23, 2025.
  • Freddie Mac undertakes no obligation, and disclaims any duty, to update any of the information in those documents.
  • Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders.
  • Learn more at FreddieMac.com , Twitter @ FreddieMac and Freddie Macs blog FreddieMac.com/blog .

Black Knight's First Look: Early-Stage Delinquencies Improve Further, While Seriously Past-Due Loans Rise; Rate of Improvement Slows

Wednesday, September 23, 2020 - 2:00pm

1) Totals are extrapolated based on Black Knight's loan-level database of mortgage assets.

Key Points: 
  • 1) Totals are extrapolated based on Black Knight's loan-level database of mortgage assets.
  • 2) All whole numbers are rounded to the nearest thousand, except foreclosure starts, which are rounded to the nearest hundred.
  • For a more detailed view of this month's "first look" data, please visit the Black Knight newsroom .
  • For more information about gaining access to Black Knight's loan-level database, please send an email to Mortgage.Monitor@bkfs.com .

Public and Industry Accountant Jordan Bennett Joins Atlantic Home Mortgage's Alpharetta Branch

Wednesday, September 23, 2020 - 1:33pm

ALPHARETTA, Ga., Sept. 23, 2020 /PRNewswire/ --Premier mortgage broker, Atlantic Home Mortgage (AHM) ( https://www.atlantichm.com ) announced Jordan Bennett has joined the company's Alpharetta, Georgia branch as a Mortgage Loan Officer.

Key Points: 
  • ALPHARETTA, Ga., Sept. 23, 2020 /PRNewswire/ --Premier mortgage broker, Atlantic Home Mortgage (AHM) ( https://www.atlantichm.com ) announced Jordan Bennett has joined the company's Alpharetta, Georgia branch as a Mortgage Loan Officer.
  • Bennett's background in both public and industry accounting provides substantial experience in client-specific engagements and working with all types of clients and situations.
  • Bennett is committed to putting clients in the best financial position possible to reach their specific financial goals.
  • "We are thrilled for Jordan to join the team at such an exciting time in the company's growth," said Tony Davis, Founder of Atlantic Home Mortgage.

FirstClose Integrates with Simplifile and CSC to Offer e-Recording

Wednesday, September 23, 2020 - 1:45pm

FirstClose , a leading provider of technology solutions for mortgage lenders nationwide, has integrated with Simplifile and CSC to offer full-service and self-service e-recording on the FirstClose ONE platform.

Key Points: 
  • FirstClose , a leading provider of technology solutions for mortgage lenders nationwide, has integrated with Simplifile and CSC to offer full-service and self-service e-recording on the FirstClose ONE platform.
  • This integration also allows clients to reduce operational errors, streamline lien perfection processes and secure loans instantly through FirstClose ONE.
  • Users can work completely inside FirstClose ONE, instantly e-record security instruments and eliminate the need to cut county checks with the new e-recording offering.
  • For more information on FirstClose, Your ONE Solution for Property & Borrower Data Intelligence, call 877.677.3282 or visit www.FirstClose.com .

Nomis Mortgage Platform Gains Market Momentum with Rapid Adoption by Banks and Lenders, Support from Ecosystem Partners

Wednesday, September 23, 2020 - 8:05am

As a growing mortgage lender, it is crucial for us to have real-time market color when competing for new recruits.

Key Points: 
  • As a growing mortgage lender, it is crucial for us to have real-time market color when competing for new recruits.
  • Just six months after its release, mortgage lenders of all sizes now rely on the advanced real-time mortgage rate pricing analytics and intelligence delivered by the Nomis Mortgage Platform.
  • Combined with reports from Heitman Analytics, the granular market and competitive insights from Nomis can further enhance the strategy and tactical movements of mortgage lenders.
  • nSight for Mortgage , part of the Nomis Mortgage Platform, provides detailed, real-time market intelligence so mortgage professionals can:

Freddie Mac Prices $968 Million Multifamily K-Deal, K-F85

Tuesday, September 22, 2020 - 10:05pm

Freddie Mac Multifamily is a leading issuer of agency-guaranteed structured multifamily securities.

Key Points: 
  • Freddie Mac Multifamily is a leading issuer of agency-guaranteed structured multifamily securities.
  • This announcement is not an offer to sell any Freddie Mac securities.
  • Freddie Mac undertakes no obligation, and disclaims any duty, to update any of the information in those documents.
  • Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders.

Tradeweb Announces Expansion of Mortgage Trading Platform

Tuesday, September 22, 2020 - 4:02pm

The specified pool platform now enables mortgage originators to trade alongside other secondary market participants, expanding the electronic marketplace.

Key Points: 
  • The specified pool platform now enables mortgage originators to trade alongside other secondary market participants, expanding the electronic marketplace.
  • Tradeweb built this new trading functionality based on the workflows of leading mortgage originators and other market participants.
  • Were confident that this latest innovation in mortgage trading will extend the reach of electronic trading at a time when ease of execution is particularly vital.
  • Tradeweb is also a leader in To-Be-Announced (TBA) mortgage trading, with executed volumes exceeding $32tn for the first eight months of 2020.

Money Announces the 2020 Best Places to Live In The U.S., As The Pandemic Prompts A Shift Away From Urban Living

Tuesday, September 22, 2020 - 3:33pm

As part of the Best Places to Live feature, the Money team continues reporting on how the pandemic has prompted more people to make the change from city living to suburban dwelling.

Key Points: 
  • As part of the Best Places to Live feature, the Money team continues reporting on how the pandemic has prompted more people to make the change from city living to suburban dwelling.
  • Highlights include:
    The Ultimate Guide to Leaving the City : Scores of urbanites are now leaving big cities for the suburbs.
  • Be that as it may, the allure of a big home and a green lawn comes with extra homeowner responsibilities.
  • Signature franchises include a bevy of Best-In categories such as Best Mortgage Lenders , Best Homeowner Insurance , Best Life Insurance , Best Auto Insurance , Best VA Loans , Best High-Yield Savings Accounts , Best Credit Cards , Best Colleges , and Best Places to Live, with an aim to improve your finances and promote your well-being.

First American Mortgage Solutions Launches New FraudGuard® Mortgage Forbearance Indicator

Tuesday, September 22, 2020 - 3:00pm

First American Mortgage Solutions, LLC , a part of the First American family of companies and leading provider of lender and servicer solutions that cover the entire loan spectrum, today announced the launch of a new monitoring solution, Mortgage Forbearance Indicator (MFI).

Key Points: 
  • First American Mortgage Solutions, LLC , a part of the First American family of companies and leading provider of lender and servicer solutions that cover the entire loan spectrum, today announced the launch of a new monitoring solution, Mortgage Forbearance Indicator (MFI).
  • MFI monitors a consumers credit from application to closing to identify mortgage forbearance and alerts the processor and underwriter when new activity is found.
  • The Mortgage Forbearance Indicator reflects the commitment of our skilled team of experts to continually build solutions to meet the evolving business needs of our clients and the marketplace, said Kevin Wall, president of First American Mortgage Solutions.
  • First American Mortgage Solutions, a part of the First American family of companies, provides comprehensive solutions for residential lenders and servicers covering the entire loan spectrum, including complete products, micro services and application programming interfaces (APIs).

Black Knight's Suite of Servicing Solutions Now Being Used to Support Fidelity Bank's Operations

Tuesday, September 22, 2020 - 2:00pm

These solutions are now helping Fidelity Bank service its growing mortgage portfolio by improving efficiency, risk management and the customer experience.

Key Points: 
  • These solutions are now helping Fidelity Bank service its growing mortgage portfolio by improving efficiency, risk management and the customer experience.
  • "We were very pleased with how smoothly the implementation went, and Fidelity Bank is ready to begin leveraging the advantages of the industry's premier servicing platform, as well as Black Knight's integrated suite of innovative servicing solutions."
  • MSP is a single, comprehensive system used by financial institutions to service approximately 36 million active loans more than any other in the mortgage industry.
  • To further support its servicing operation, Fidelity Bank is now using Black Knight's Default suite, which includes automated, workflow capabilities to enhance the bankruptcy, foreclosure and invoicing processes.