Fannie Mae and Freddie Mac have sold nearly 155,000 non-performing loans with a total unpaid principal balance of $28.7 billion since 2014, the Federal Housing Finance Agency reported on Tuesday.
Tag: Freddie Mac
Industry Briefs July 12, 2022: Sales Boomerang, Mortgage Coach Merge
Sales Boomerang, Owings Mill, Md., an automated borrower intelligence and retention system, and Mortgage Coach, Irvine, Calif., a platform enabling mortgage lenders to educate borrowers with interactive home loan presentations, announced their merger and appointed SaaS executive Richard Harris as CEO.
Broeksmit Weighs in on How to Narrow Minority Homeownership Gap
Mortgage Bankers Association President and CEO Robert Broeksmit, CMB, said Special Purpose Credit Programs can provide lenders with an effective way to serve minority groups who do not have access to generational wealth.
Freddie Mac Multifamily Investment Index Drops
Freddie Mac, McLean, Va., said multifamily market investment conditions deteriorated in the first quarter as price appreciation and rising mortgage rates more than offset net operating income growth.
Faith Schwartz of Housing Finance Strategies: Homeownership Month Focus on Policy Innovation to Up-Level the FTHB
The trend we address in this short narrative is the shrinking playing field for first-time homebuyers who are more and more being shut out of buying opportunities by institutional cash buyers and losing the attendant opportunity for the creation of generational wealth.
Fitch: FHFA Final Capital Rules Supportive of Credit for Fannie, Freddie
Fitch Ratings, New York, said the Federal Housing Finance Agency recent adoption of final regulations requiring the submission of annual capital plans and new public risk disclosures for Fannie Mae and Freddie Mac are creditor positive.
Fitch: FHFA Final Capital Rules Supportive of Credit for Fannie, Freddie
Fitch Ratings, New York, said the Federal Housing Finance Agency recent adoption of final regulations requiring the submission of annual capital plans and new public risk disclosures for Fannie Mae and Freddie Mac are creditor positive.
Industry Briefs June 14, 2022: OptifiNow Implements CRM Platform for Reverse Mortgage Lender
OptifiNow, Seal Beach, Calif., deployed its custom CRM platform for Reverse Mortgage Lending, a reverse mortgage originator based in San Diego. Reverse Mortgage Lending selected OptifiNow as its CRM platform to manage its marketing campaigns and track loans in process more effectively.
FHFA, GSEs Detail Equitable Housing Finance Plans
The Federal Housing Finance Agency on Wednesday offered details of the government-sponsored enterprises’ Equitable Housing Finance Plans for 2022-2024.
FHFA, GSEs Detail Equitable Housing Finance Plans
The Federal Housing Finance Agency on Wednesday offered details of the government-sponsored enterprises’ Equitable Housing Finance Plans for 2022-2024.