DENVER–Freddie Mac President Mike Hutchins announced Oct. 28 the latest addition to the enterprise’s automated underwriting system (Loan Product Advisor): LPA Choice.
Tag: Freddie Mac
MBA Statement on FHFA Updates on Loan Repurchases, Appraisals, and Pricing
DENVER–MBA President and CEO Bob Broeksmit, CMB, issued the following statement on today’s Federal Housing Finance Agency (FHFA) announcements on loan repurchases, appraisals, and pricing at MBA’s 2024 Annual Convention and Expo.
Mortgage Industry Assisting Homeowners Affected by Hurricane Helene
(Updated with new information Oct. 7) This is a developing story that will be updated. If you are aware of an effort by a mortgage company to provide relief or help to areas affected by Hurricane Helene, either directly or via fundraisers or donations, please contact us.
FHFA Reports More Than 7 Million Foreclosure Prevention Actions During GSE Conservatorships
The Federal Housing Finance Agency reported that Fannie Mae and Freddie Mac completed 46,378 foreclosure prevention actions during the second quarter, raising the total number of homeowners who have been helped to 7,004,262 since the start of conservatorships in September 2008.
MBA’s Bob Broeksmit on Recent Trigger Leads Progress, Other Key Industry Issues to Watch
WASHINGTON, D.C.–Mortgage Bankers Association President and CEO Bob Broeksmit, CMB, took the stage at MBA’s Compliance and Risk Management Conference Sept. 23 to discuss some hot topics–including the recent addition of trigger leads provisions in the National Defense Authorization Act.
Freddie Mac Announces Diana Reid as CEO
Freddie Mac announced that Diana Reid will serve as CEO, effective immediately.
Fannie Mae, Freddie Mac Announce New Protections for Renters
Fannie Mae and Freddie Mac announced new protections for renters in multifamily properties with mortgages backed by the enterprises.
MBA: Share of Mortgage Loans in Forbearance Increases to 0.23% in June
The Mortgage Bankers Association’s monthly Loan Monitoring Survey revealed that the total number of loans now in forbearance increased to 0.23% as of June 30, 2024
Industry Briefs, June 20, 2024
Industry news from Fannie Mae, Freddie Mac, Dark Matter Technologies, BlackFin, MCT, Lender Price Team, Finastra and Invictus Capital Partners.
FHFA Seeks Input on Fannie Mae/Freddie Mac Proposed Duty to Serve Underserved Markets Plans
The Federal Housing Finance Agency requests public input on the proposed 2025-2027 Underserved Markets Plans submitted by Fannie Mae and Freddie Mac under the Duty to Serve program.