PennyMac Mortgage Investment Trust (NYSE:PMT) exceeded analyst expectations for the fourth quarter of 2024, reporting earnings per share (EPS) of $0.41 against a forecast of $0.36. The company's ...

Fannie Mae and Freddie Mac were bailed out by the government during the housing crisis nearly 17 years ago. The Trump ...

“If it’s going to take off, this is the year,” Ben Grainger, partner at EY, said. “The LMF 1 deal is helpful. Spreads are at ...

Treasury Secretary Scott Bessent said that any release of the two giant government-sponsored enterprises, Fannie Mae and Freddie Mac, from their current conservatorship would depend on the ...

HUD, Ginnie Mae and USDA weighed in on the status of recent actions, some of which could change due to transitions in Washington.

ICE Mortgage Technology unifies origination and servicing with AI and data integration for a seamless mortgage experience.

The prospect of both megalenders being released from conservatorship and the downgrading of each firm's respective stock are ...

Scott Turner says he plans to quickly launch a review to root out inefficiencies at the agency.

Legislation that supporters say would help Appalachian Power customers facing continually increasing monthly bills has ...

We see Bank of Nova Scotia as being in strong overall financial health, and we do not believe any potential future issues will be an existential risk to the bank. Given how leveraged the Canadian ...

Looking forward, PennyMac plans to maintain its pace of securitization activities, aiming for one deal per quarter. The company is also exploring opportunities in jumbo loans and prime non-QM loans, ...