Freddie Mac, McLean, Va., said affordability remains top of mind for those individuals looking to rent or purchase a home.
Tag: Freddie Mac
#MBAIMB20: Housing Finance Reform—What It Means for Independent Mortgage Banks
NEW ORLEANS—After years of debate, housing finance reform is no longer a far-off concept. And government housing agencies appear poised to be part of the transition.
FHFA Proposes Updated Minimum Financial Eligibility Requirements for Fannie Mac/Freddie Mac Seller/Servicers
The Federal Housing Finance Agency on Friday proposed updated minimum financial eligibility requirements for Fannie Mae and Freddie Mac Seller/Servicers.
FHFA Proposes Updated Minimum Financial Eligibility Requirements for Fannie Mac/Freddie Mac Seller/Servicers
The Federal Housing Finance Agency on Friday proposed updated minimum financial eligibility requirements for Fannie Mae and Freddie Mac Seller/Servicers.
Commercial/Multifamily Briefs
HUD will launch a national bus tour this week focused on removing barriers to affordable housing.
MBA, Trade Groups Urge Caution on FHFA Proposed Changes to GSE UMBS Pooling Practices
The Mortgage Bankers Association, in a Jan. 21 letter to Federal Housing Finance Agency Director Mark Calabria, urged caution on a proposed “waterfall approach” to pooling practices used by Fannie Mae and Freddie Mac in the Uniform Mortgage-Backed Security market, saying in its current form the proposal could have a “negative effect” on market liquidity, raise borrowing costs and reduce access to credit.
MBA, Trade Groups Urge FHFA to Use Caution on Changes to GSE UMBS Pooling Practices
The Mortgage Bankers Association, in a letter to Federal Housing Finance Agency Director Mark Calabria, urged caution on a proposed “waterfall approach” to pooling practices used by Fannie Mae and Freddie Mac in the Uniform Mortgage-Backed Security market, saying in its current form the proposal could have a “negative effect” on market liquidity, raise borrowing costs and reduce access to credit.
John Vella of Altisource on URLA, Non-QM Lending and Improving the Borrower Experience
John Vella serves as Chief Revenue Officer of Altisource. Previously, he served as Chief Operating Officer of Equator LLC. He began his financial services career with the Federal Deposit Insurance Corp. and Freddie Mac and later served as Chief Sales Officer for H&R Block’s mortgage company.
MBA, Trade Groups Urge FHFA to Use Caution on Changes to GSE UMBS Pooling Practices
The Mortgage Bankers Association, in a letter to Federal Housing Finance Agency Director Mark Calabria, urged caution on a proposed “waterfall approach” to pooling practices used by Fannie Mae and Freddie Mac in the Uniform Mortgage-Backed Security market, saying in its current form the proposal could have a “negative effect” on market liquidity, raise borrowing costs and reduce access to credit.
Industry Briefs
The Tennessee Mortgage Bankers Association is providing up to $10,000 in college scholarships for 2020, its 60th anniversary year.