Archive for secondary market

Steve Thomas: 20 Years Strong, MPF Program Continues to Build on Its Success

Written by Patrick Barnard on July 27, 2017

The Mortgage Partnership Finance program, originally formed as a business line of the Federal Home Loan Bank of Chicago, has increased dramatically in the post-recession era.

Why Repealing Dodd-Frank Will Fail

Written by Peter G. Miller on June 08, 2017

The last time the Financial CHOICE Act was up before Congress, the bill went nowhere.

Optimal Blue Adds Third-Party Oversight To Its Offerings With Purchase Of Comergence

Posted by Patrick Barnard on May 30, 2017

Optimal Blue, offering mortgage pricing and hedging software, has acquired mortgage compliance software firm Comergence Compliance, thus significantly expanding its offerings. Founded in 2008, Comergence provides an array of third-party originator, appraiser and social media risk management solutions that verify [Read More]

Is The MBA’s GSE Reform Proposal ‘The One’?

Written by Patrick Barnard on April 26, 2017

With the Trump administration in the White House and a Republican-controlled Congress, it could be argued that the time has never been so ripe for GSE reform to finally happen.

NCS Snaps Up Lisa Binkley As SVP Of Business Development

Posted by Patrick Barnard on March 06, 2017

Lisa Binkley has joined National Credit-reporting System Inc. (NCS), a full-service consumer reporting agency specializing in third-party verification solutions and credit intelligence, as senior vice president of business development. Binkley, a recognized industry expert in third-party verifications, quality control and [Read More]

MCT Enhances Its Best Execution Services

Posted by Patrick Barnard on November 16, 2016

In an effort to outpace existing competitor offerings and capture additional business, hedge advisory firm Mortgage Capital Trading Inc. (MCT) has added a number of new features to its best execution service offering. The enhanced service is an extension of [Read More]

Flatirons’ Risk Management System Now Integrated With Resitrader’s Whole Loan Platform

Posted by Patrick Barnard on October 24, 2016

Flatirons’ FCM Risk Management system will be fully integrated with Resitrader’s mortgage loan trading platform, enabling clients of both firms to sell their loans through Resitrader’s platform while, at the same time, hedging their positions instantly. Flatirons Capital Management (FCM) [Read More]

Black Knight Integrates With New GSE Tools In Support Of UCD

Posted by Patrick Barnard on October 20, 2016

Black Knight Financial Services reports that its LoanSphere Empower and LoanSphere LendingSpace loan origination systems can now be directly integrated with the latest government-sponsored enterprise (GSE) technology solutions and data collection tools in support of the Uniform Closing Dataset (UCD). [Read More]

Freddie Mac Advances Mortgage Automation Revolution

Written by Patrick Barnard on October 06, 2016

The new suite provides an automated process for helping lenders determine if a loan meets Freddie Mac’s guidelines.

New GSE Single Security On Track To Go Live In 2018

Written by Patrick Barnard on June 01, 2016

Freddie Mac will go live on the new platform first with its existing security later this year; then, starting in 2018, Fannie Mae will go live on the platform and both GSEs will begin using the new single security.