Fannie Mae has named TRF Loan Acquisition, LP, the winning bidder for a portfolio of 1,179 nonperforming mortgages with $252.4 million in unpaid principal balance, moving its latest distressed-loan sale toward an expected December closing. The award, announced by...
United Wholesale Mortgage returned to a quarterly profit in the third quarter, but its latest financial results show that the turnaround came as mortgage production and revenue declined. The figures add a more complete picture to the company’s previously...
FICO reported a 27% increase in quarterly revenue Wednesday, with higher mortgage credit-score prices helping drive growth even as mortgage origination volumes declined. The company also declined to issue fiscal 2027 guidance while it negotiates new pricing...
Zillow Group reported a $158 million net loss for the third quarter despite growing revenue 7% to $724 million, as its mortgage and rentals operations expanded faster than its core residential real estate business.The company released its results at 4:05 p.m. Eastern...
Fannie Mae expanded mortgage eligibility for accessory dwelling units in certain condominium projects on November 4, a change that could open another financing path for properties that include smaller secondary living spaces.The policy is part of Selling Guide...
Marcus & Millichap Revenue Climbs 7.5%, but Brokerage Still Posts Oper…
Bank of England Raises Rate to 4% as Mortgage Approvals Fall and Inflation …
