Page 4 - Michael Bright News Today

Non-depositories now dominate home lending, but many of these firms were untested until they had to grapple with the current rising rate environment. How they fare could significantly impact the rest of the mortgage market and, more specifically, the Government National Mortgage Association.

Updates will become effective on May 1 and a uniform mortgage-backed securities fee reduction will begin on April 1.

Duo accused in deadly 2021 Fern Creek home invasion plead guilty to lesser charges

Although the Federal Housing Finance Agency did move ahead with a controversial upfront charge aimed at covering commingled securities risk, it also committed to exploring alternatives that would address concerns from trade groups.

Swainsboro museum is free and open to the public Monday-Saturday

The Federal Housing Finance Agency is moving forward with the charge but also pledged to ensure it doesn’t undermine the uniform security’s advantages the way trade groups say it could.

The FHFA on Thursday reiterated its stance on a new fee on some government-backed enterprise securities, but said it would engage stakeholders.

A barbecue hot dog fundraiser at St. Patrick’s High School on May 17 raised over $2,000 for the relief effort in Ukraine and to help support Ukrainian refugees…

A federal grand jury has indicted the operator and six management officials of a Cambria, Wisconsin corn mill – where a May 31, 2017, explosion killed

Nearly five years after a deadly explosion that killed five employees, a grand jury has indicted Didion Milling and several high-ranking officials at the company for multiple federal crimes related to the blast.