Freddie Mac launches 9th STACR series offering in 2022

Freddie Mac is unveiling its ninth credit-risk transfer transaction of the year via its Structured Agency Credit Risk (STACR) program — bringing the total note offerings through its two flagship STACR series programs to $12.2 billion so far in 2022. This agency’s most recent credit risk transfer (CRT) offering, STACR 2022-DNA6,

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Homepoint has shed about 75% of its workforce in a year

Following the latest round of layoffs, Homepoint has shrunk its workforce from about 4,000 workers in summer of 2021 to about 1,000 in fall of 2022. The wholesale lender last week laid off 913 employees, according to a review of Worker Adjustment and Retraining Notification notices filed in Arizona, Florida,

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Pennymac is the latest lender to raise conforming loan limits

Pennymac followed the tracks of Rocket Pro TPO and United Wholesale Mortgage in raising conforming loan limits ahead of the Federal Housing Finance Agency‘s (FHFA) decision to do so in November. The country’s third-largest purchase mortgage lender, according to Inside Mortgage Finance, will be increasing conventional loan limits to $715,000

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Meet the HousingWire Annual Welcome Committee: Erin Halbert

Erin Halbert is the regional leader for Thrive Mortgage Arizona. She sat down with HousingWire to share her excitement for the upcoming HousingWire Annual conference and her role on the welcome committee.  HousingWire: What are you most looking forward to at HW Annual 2022?  Erin Halbert: One of my classic

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