Merchants Capital and Merchants Bank of Indiana, Carmel, Ind., completed a $214 million securitization of 14 multifamily mortgage loans secured by 24 mortgaged properties through a Freddie Mac-sponsored Q-Series transaction.
Tag: Freddie Mac
FHFA Announces Mandatory Supplemental Consumer Information Form Use
The Federal Housing Finance Agency announced Fannie Mae and Freddie Mac will require lenders to use the Supplemental Consumer Information Form as part of the application process for loans that will be sold to the Enterprises.
Industry Briefs Apr. 28, 2022: FHFA Announces GSEs’ Duty to Serve Plans for 2022-2024
The Federal Housing Finance Agency published the 2022-2024 Underserved Markets Plans for Fannie Mae and Freddie Mac under the Duty to Serve Program., which outline the government-sponsored enterprises’ commitment to serving manufactured housing, affordable housing preservation and rural housing.
MBA Sends FHFA Recommendations on GSE Seller/Servicer Eligibility Requirements
The Mortgage Bankers Association on Monday sent a letter to the Federal Housing Finance Agency, offering detailed recommendations on the agency’s re-proposal of eligibility requirements for seller/servicers of single-family loans backed by Fannie Mae and Freddie Mac.
MBA Sends FHFA Recommendations on GSE Seller/Servicer Eligibility Requirements
The Mortgage Bankers Association on Monday sent a letter to the Federal Housing Finance Agency, offering detailed recommendations on the agency’s re-proposal of eligibility requirements for seller/servicers of single-family loans backed by Fannie Mae and Freddie Mac.
Industry Briefs Apr. 21, 2022: Optimal Blue Launches Investor Pricing Insight
Optimal Blue, Jacksonville, Fla., released Investor Pricing Insight, a benchmarking tool that makes real-time pricing available to wholesale and correspondent mortgage investors on demand.
Dealmaker: NewPoint Real Estate Capital Provides $158M in Freddie Mac Financing
NewPoint Real Estate Capital LLC, Plano, Texas, provided $157.9 to Bard Investment Co. to refinance a four-property multifamily portfolio in Arizona.
MBA Letter Addresses Concerns About FHFA Strategic Plan
The Mortgage Bankers Association, in comments to the Federal Housing Finance Agency, expressed support for many elements of the proposed FHFA five-year strategic plan while raising concerns on several issues.
Mark Walser of Incenter Appraisal Management on Desktop Appraisal Developments
Mark Walser is President of Incenter Appraisal Management, Charlotte, N.C., a national AMC and creator of the RemoteVal remote/desktop appraisal technology platform.
FHFA Issues Final Rule Amending GSE Regulatory Capital Framework
The Federal Housing Finance Agency published a final rule that amends the Enterprise Regulatory Capital Framework by refining the prescribed leverage buffer amount and risk-based capital treatment of retained credit risk transfer exposures for Fannie Mae and Freddie Mac.