Tue, Jan 7 2014, 9:43 AM
"Teach your children about taxes: eat 30% of their ice cream."
They'll also learn something about percentages. If 30% of cities have
rebounded to ...
Mon, Dec 16 2013, 10:39 AM
A Freddie Mac senior vice president is using
the company's blog to debunk a few myths she says may be keeping homeowners
from refinancing through ...
Fri, Dec 13 2013, 10:11 AM
The
old saying goes, "If there is only one attorney in a town, he'll starve to
death. If there are two attorneys in a town, they'll both get rich." ...
Mon, Dec 2 2013, 12:42 PM
Fannie Mae and Freddie Mac have
completed a major overhaul of their master policy requirements for private
mortgage insurance the Federal Housin...
Mon, Dec 2 2013, 9:41 AM
Bank of America has settled another
claim for loans it either originated during the housing boom or acquired
through its purchase of another lender....
Mon, Dec 2 2013, 9:25 AM
Planning
on giving out a few things for the holidays to special clients? Think
twice about it! Ken Perry writes, “Hey Rob, as we get closer to the...
Mon, Nov 25 2013, 1:45 PM
The Office of Inspector General
(OIG) of the Federal Housing Finance Agency (FHFA) has
released its sixth Semiannual Report to the Congress. The re...
Thu, Nov 21 2013, 3:34 PM
Mortgage rates may have managed to hold steady to slightly lower ,
but it's important to understand that today's rates are still
significantly ...
Wed, Nov 20 2013, 9:51 AM
The coming year should bring an
emergence of the first purchase-dominated market the U.S. has seen since 2000
Freddie Mac has predicted. The
s...
Tue, Nov 12 2013, 10:21 AM
Generally speaking, home values are going up, and we receive plenty
of statistics every month slicing and dicing sales and values. The
latest is f...
Tue, Nov 12 2013, 1:01 PM
Freddie Mac has signed a risk sharing
agreement with Arch Reinsurance Ltd. Which will cover up to $77.4 million in
possible credit losses from a...
Thu, Nov 7 2013, 1:44 PM
Freddie Mac has priced its second
Structured Agency Credit Risk (STACR) offering.
The debt notes are priced at $630 million and follow its initial ...
Thu, Nov 7 2013, 1:29 PM
Freddie Mac and Fannie Mae each
reported strong third quarter financial results today. For Freddie it was the eighth consecutive
profitable quarte...
Tue, Oct 22 2013, 4:05 PM
In a move some borrowers and
originators might consider "too little, too late" both Fannie Mae and Freddie
Mac announced today they are expanding t...
Tue, Oct 15 2013, 3:08 PM
There may be life in those old GSE bones yet. At least that is one
conclusion that can be drawn from an article in Bloomberg on Tuesday.
Writers...
Tue, Oct 8 2013, 11:27 AM
Freddie Mac has issued guidance to its
lenders and servicers in an effort to keep the mortgage market flowing during
the lengthening government shu...
Wed, Oct 2 2013, 10:18 AM
Freddie Mac has tentatively settled
three more claims with financial institutions over representations and
warranties related to single family loa...
Tue, Oct 1 2013, 1:07 PM
Freddie Mac wants its customers and business
partners to know they are open for business and largely unaffected by the
government shutdown. Despite...
Thu, Sep 26 2013, 5:21 PM
Freddie Mac's total mortgage portfolio
ended August with a principal balance of $1.93 trillion. This represented a 5.0 percent reduction from
the...
Tue, Sep 17 2013, 12:56 PM
As it did following the devastation of Hurricane
Sandy, Freddie Mac has made the full menu of its mortgage relief policies available
to borrowers ...
Tue, Sep 17 2013, 10:41 AM
Late Monday Freddie Mac issued a bulletin for its
Single-Family Servicer Guide ( Bulletin
2013-17) which covers changes to the Home Affordable Modi...
Mon, Sep 9 2013, 1:32 PM
A senior Freddie Mac executive
suggested today that policymakers consider his company's model for securitizing
multifamily loans as they grapple wit...
Fri, Aug 30 2013, 10:52 AM
Radian announced it has entered into an agreement with Freddie Mac
on a pool of delinquent loans which eliminates credit risk on 9,756
delinque...
Thu, Aug 29 2013, 11:47 AM
Freddie Mac's Total Loan Portfolio now has an outstanding
balance of $1.94 trillion dollars. The
balance at the end of July represents a reduction...
Wed, Aug 21 2013, 11:05 AM
There is a lot of continued controversy and focus over the various
compensation plans for loan officers and regulatory audits. Obviously,
these c...
Wed, Aug 14 2013, 9:51 AM
Per the recent post regarding the STRATMOR Group's mid-year survey,
over 50 lenders have responded to the STRATMOR Survey on what actions
lenders ...
Wed, Aug 7 2013, 12:04 PM
Freddie
Mac has again reported strong quarterly financial results with net
income in the second quarter of 2013 coming in at $5.0 billion, $0.6
bi...
Wed, Aug 7 2013, 10:54 AM
President
Barack Obama, speaking to an audience in Phoenix yesterday, tied his
proposal reforming the U.S. housing system to both his on-going theme...
Wed, Aug 7 2013, 4:20 PM
Freddie Mac fired a warning shot in the
direction of the City of Richmond California today, threatening to
sue if the city moves forward with its ...
Mon, Jul 29 2013, 9:38 AM
I am visiting Montana, and Butte just wrapped up "Evil Knievel Days"
over the weekend. (I had an acquaintance who was married to his sister -
thei...
Thu, Jul 25 2013, 10:40 AM
About
50 broadly diversified investors are participating in a $500 million
offering by Freddie Mac of Structured Agency
Credit Risk (STACR SM ) D...
Thu, Jul 25 2013, 2:43 PM
Freddie Mac reported today that its
total mortgage portfolio increased at an annualized rate of 0.5
percent in June. The portfolio balance at t...
Tue, Jul 16 2013, 1:38 PM
Freddie Mac calls "Taper Talk" is
the main topic of conversation in the financial world, that is,
speculation about the timing and speed that the Fe...
Tue, Jul 2 2013, 11:25 AM
The Mortgage Bankers Association of the Carolinas received this question: "Can we close a loan if we discover that the borrower did not sign his/her l...
Wed, Jun 26 2013, 10:34 AM
Freddie Mac's Total Mortgage Portfolio
decreased from an unpaid principle balance (UPB) of $1.949 trillion
at the end of April to $1.944 trillio...
Wed, Jun 26 2013, 9:47 AM
"May a lender decline a mortgage applicant because the applicant
became involved in a lawsuit subsequent to his or her initial loan
application?" ...
Tue, Jun 25 2013, 1:48 PM
Reuters is reporting that a bill will
be introduced today to abolish the two government sponsored
enterprises (GSEs) Freddie Mac and Fannie Mae ...
Fri, Jun 21 2013, 5:49 PM
Mortgage rates have had a far worse week than than you've been told anywhere else, and today was even more freakishly destructive
than the prev...
Tue, Jun 18 2013, 5:43 PM
Mortgage rates have risen sharply over
the last month and Freddie Mac , in its monthly Economic and
Housing Market Outlook for June, focuses on w...
Tue, Jun 11 2013, 10:49 AM
Freddie Mac and Fannie Mae reported
aggregate earnings of about $18.7 billion in FY2012, $12.1 billion of
which was earned in the fourth quarter ...
Fri, May 24 2013, 10:42 AM
Freddie Mac said today that its total mortgage portfolio i ncreased by $951 million in April to $1.949 trillion , an increase of 0.6 percent. This ...
Tue, May 21 2013, 11:13 AM
If you're like me and rest your weary eyes each night by reading the Fair Housing Act of 1968, then you don't need to be told that the act " prohibit...
Thu, May 16 2013, 9:27 AM
"Talent hits a target no one else can hit; genius hits a target no one else can see." Hedge funds and investment banks have a lot of talent, and perio...
Tue, May 14 2013, 10:17 AM
Freddie Mac has opened applications for its new Streamlined Modification program , making it available to all eligible borrowers immediately, six we...
Wed, May 8 2013, 12:46 PM
Freddie Mac is reporting that it earned net income of $4.6 billion in the first quarter of 2013, the second largest amount in the company's history ,...
Tue, Apr 30 2013, 4:05 PM
The Federal Housing Finance Agency (FHFA) has released a progress report on the common securitization infrastructure (CSI) being constructed as a ...
Tue, Apr 30 2013, 3:24 PM
Freddie Mac will be phasing in a new tool over the next few months which is designed to help lenders identify credit, data, and purchase eligibility ...
Mon, Apr 29 2013, 10:59 AM
A key to improving the efficiency, accuracy, and
transparency of the housing finance system is standardization according to Stephen
Clinton , Fredd...
Thu, Apr 25 2013, 11:12 AM
Freddie Mac reported this morning that its Total Mortgage Portfolio increased by 4.0 percent in March to an ending balance of $1.95 trillion . The...
Mon, Apr 22 2013, 9:39 AM
Wells Fargo has decided that it time to embark on a $100 million expansion in Iowa : This is in spite of the industry concerned about less volume an...
