Fannie Mae, Freddie Mac Announce Replacement Rates for Legacy LIBOR Products
Fannie Mae and Freddie Mac on Dec. 22 announced replacement rates for legacy LIBOR loans and securities.
FHFA Announces Final Rule for New GSE Products, Activities
The Federal Housing Finance Agency published a final rule that requires Fannie Mae and Freddie Mac to provide advance notice to FHFA of new activities and obtain prior approval before launching new products.
ATTOM: Home Affordability Worsens in 4Q Despite Falling Home Prices
ATTOM, Irvine, Calif., released its fourth-quarter U.S. Home Affordability Report showing median-priced single-family homes and condos are less affordable compared to historical averages in 99 percent of counties across the nation — far above the 68 percent of counties that were less affordable a year ago.
MBA: November Share of Mortgage Loans in Forbearance Flat
The Mortgage Bankers Association’s monthly Loan Monitoring Survey reported loans in forbearance remained flat at 0.70% as of November 30. MBA estimates 350,000 homeowners are in forbearance plans.
MBA Education Workshop Feb. 13: Fundamentals of Mortgage Banking for Servicing Professionals
MBA Education presents a one-day Workshop, Fundamentals of Mortgage Banking for Servicing Professionals, on Monday, Feb. 13 from 10:00 a.m.-3:30 p.m. ET.