#freddie-mac

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#housing-finance

Sonu Mittal on Freddie Mac's newest moves to lower lender, borrower costs

Freddie Mac introduces alternatives to loan repurchases to enhance lender experience and maintain focus on loan quality.

Meet Diana Reid, the former PNC exec who was just hired to lead Freddie Mac

Diana Reid has been appointed CEO of Freddie Mac, focusing on enhancing housing liquidity and affordability.

Sonu Mittal on Freddie Mac's newest moves to lower lender, borrower costs

Freddie Mac introduces alternatives to loan repurchases to enhance lender experience and maintain focus on loan quality.

Meet Diana Reid, the former PNC exec who was just hired to lead Freddie Mac

Diana Reid has been appointed CEO of Freddie Mac, focusing on enhancing housing liquidity and affordability.
morehousing-finance
#mortgage-industry

No undue risk! Freddie Mac's Sonu Mittal on new buyback remedy, appraisal waiver extensions

The significance of loan buybacks varies by perspective; Freddie Mac experiences a decrease in requests but increase in repurchase amounts suggests complexity.

Becoming a seller/servicer with Freddie Mac

Obtaining approval as a Freddie Mac Seller/Servicer can provide significant competitive advantages in the mortgage industry.

No undue risk! Freddie Mac's Sonu Mittal on new buyback remedy, appraisal waiver extensions

The significance of loan buybacks varies by perspective; Freddie Mac experiences a decrease in requests but increase in repurchase amounts suggests complexity.

Becoming a seller/servicer with Freddie Mac

Obtaining approval as a Freddie Mac Seller/Servicer can provide significant competitive advantages in the mortgage industry.
moremortgage-industry
#housing-market

FHFA expands fee-based alternative to repurchase loans to all approved lenders

FHFA expands pilot program allowing lenders to repurchase performing loans with fees instead of repacking, incentivizing improved loan quality.

Average rate on a 30-year mortgage eases to 6.46%, the lowest level in 15 months

Mortgage rates have declined to their lowest in 15 months, providing some relief for homebuyers in a challenging market.

FHFA expands fee-based alternative to repurchase loans to all approved lenders

FHFA expands pilot program allowing lenders to repurchase performing loans with fees instead of repacking, incentivizing improved loan quality.

Average rate on a 30-year mortgage eases to 6.46%, the lowest level in 15 months

Mortgage rates have declined to their lowest in 15 months, providing some relief for homebuyers in a challenging market.
morehousing-market
#donald-trump

Allies hope a Trump win changes the system for mortgages. Some warn it will make them pricier

Trump's potential victory may prompt GOP efforts to privatize mortgage firms Fannie Mae and Freddie Mac, with risks to mortgage affordability.
Privatization plan could lead to higher mortgage costs for Americans.

Allies hope a Trump win changes the system for mortgages. Some warn it will make them pricier

The potential privatization of Fannie Mae and Freddie Mac could lead to increased home buying costs amidst high mortgage rates.

Allies hope a Trump win changes the system for mortgages. Some warn it will make them pricier

Trump's potential victory may prompt GOP efforts to privatize mortgage firms Fannie Mae and Freddie Mac, with risks to mortgage affordability.
Privatization plan could lead to higher mortgage costs for Americans.

Allies hope a Trump win changes the system for mortgages. Some warn it will make them pricier

The potential privatization of Fannie Mae and Freddie Mac could lead to increased home buying costs amidst high mortgage rates.
moredonald-trump
#fannie-mae

Trump allies want to privatize Fannie Mae and Freddie Mac

Privatizing Fannie Mae and Freddie Mac may increase mortgage costs amid high interest rates, causing concern among Democrats and some economists.

Nearly $300M MSR offering hits the market

MIAC Analytics is offering a $292.91 million mortgage servicing rights portfolio with essential characteristics indicating stability and quality in the current market.

More loan buybacks from Freddie Mac are raising eyebrows

Freddie Mac mortgage repurchases rose by 29.1% in Q2 2024, contrasting with a decline in Fannie Mae repurchases.

Fannie and Freddie aren't going private anytime soon, Mark Calabria says

Trump aims to privatize Fannie Mae and Freddie Mac if re-elected, according to former FHFA head Mark Calabria.

Highly leveraged loans on the GSEs' books are a real fiscal danger, Calabria argues

The discussion emphasizes the rising concerns regarding the risks associated with high debt-to-income ratios in mortgage lending, especially among government-sponsored enterprises.

Trump allies would seek GSE privatization: WSJ

Trump allies are planning to move Fannie Mae and Freddie Mac out of federal conservatorship, which would impact the mortgage finance industry.

Trump allies want to privatize Fannie Mae and Freddie Mac

Privatizing Fannie Mae and Freddie Mac may increase mortgage costs amid high interest rates, causing concern among Democrats and some economists.

Nearly $300M MSR offering hits the market

MIAC Analytics is offering a $292.91 million mortgage servicing rights portfolio with essential characteristics indicating stability and quality in the current market.

More loan buybacks from Freddie Mac are raising eyebrows

Freddie Mac mortgage repurchases rose by 29.1% in Q2 2024, contrasting with a decline in Fannie Mae repurchases.

Fannie and Freddie aren't going private anytime soon, Mark Calabria says

Trump aims to privatize Fannie Mae and Freddie Mac if re-elected, according to former FHFA head Mark Calabria.

Highly leveraged loans on the GSEs' books are a real fiscal danger, Calabria argues

The discussion emphasizes the rising concerns regarding the risks associated with high debt-to-income ratios in mortgage lending, especially among government-sponsored enterprises.

Trump allies would seek GSE privatization: WSJ

Trump allies are planning to move Fannie Mae and Freddie Mac out of federal conservatorship, which would impact the mortgage finance industry.
morefannie-mae

Freddie Mac: Seller/servicers must keep up with cybersecurity threats

Freddie Mac is urging seller/servicers to prioritize cybersecurity and maintain robust information security programs to prevent and mitigate the impact of cyber incidents.
Record numbers of cybersecurity incidents against seller/servicers occurred in 2023, including social engineering attacks and the installation of malware and ransomware.

Wall Street wants second mortgages expanded for 'the next big U.S. stimulus.' Is that wise?

Freddie Mac proposed to enter the secondary mortgage and home equity loans market, aiming to unlock an estimated $1-2 trillion in consumer spending.
Concerns arise regarding the proposal's potential impact on inflation and the already substantial home equity available to U.S. homeowners.

Opinion: Freddie Mac second mortgage loans further its mission

FHFA conditionally approved Freddie Mac's second mortgage pilot, benefiting homeowners amid surging mortgage rates.
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