Rhode Island Voters Back $120 Million Bond Measure To Support Affordable Housing

Rhode Island voters are projected to pass a ballot initiative to support increased housing through a massive bond issuance. Rhode Island's Question 2 issues $120 million in general obligation bonds, which could then be used in various costs to increase the supply of affordable housing. The funding w

Finance of America grows origination volume but reports $110M loss in Q3

Funded volume increased 24% year over year to $748 million, but higher interest rates pressured origination margins

Don Jr.’s Investor Business Partner Abruptly Resigns From Fannie Mae Board

Conservative businessman Omeed Malik, a close Trump ally and business partner of Donald Trump Jr., has stepped down from the board of Fannie Mae. The government-sponsored mortgage giant said in a filing with the Securities and Exchange Commission on Tuesday that Malik resigned from the board of dire

MSRs trade at richest levels in decades as lenders, funds pile in

From Rate’s full retention stance to UWM’s bulk sale, strategies diverge