Three-quarters of homeowners born before 1964 are likely to leave much of their $17 trillion in home equity to their children, according to Freddie Mac’s latest analysis of Baby Boomers’ housing perceptions, preferences and plans.
Tag: Freddie Mac
Freddie Mac’s Mike Hutchins Announces LPA Update; Talks Tech, Repurchases With Fannie Mae’s Priscilla Almodovar
DENVER–Freddie Mac President Mike Hutchins announced Oct. 28 the latest addition to the enterprise’s automated underwriting system (Loan Product Advisor): LPA Choice.
MBA Statement on FHFA Updates on Loan Repurchases, Appraisals, and Pricing
DENVER–MBA President and CEO Bob Broeksmit, CMB, issued the following statement on the Federal Housing Finance Agency (FHFA) announcements on loan repurchases, appraisals, and pricing at MBA’s 2024 Annual Convention and Expo:
FHFA Announces Updates on Repurchases, Appraisals, Pricing at Annual24
DENVER–The Federal Housing Finance Agency’s Naa Awaa Tagoe, Deputy Director, Division of Housing Mission and Goals, announced a series of updates at the Mortgage Bankers Association Annual Conference & Expo Oct. 28.
Mortgage Industry Steps Up to Assist Homeowners Affected by Hurricane Helene
(Updated Oct. 7) This is a developing story that will be updated regularly. 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.
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.
GSEs Completed 52,154 Foreclosure Prevention Actions in 1Q, FHFA Finds
Fannie Mae and Freddie Mac completed more than 52,000 foreclosure prevention actions in the first quarter, bringing the total to nearly 7 million since the start of conservatorships, the Federal Housing Finance Agency reported.
MBA Asks FHFA to Address Outstanding Questions Before Approving Freddie Mac Second Mortgage Proposal
The Mortgage Bankers Association posed several questions to the Federal Housing Finance Agency about Freddie Mac’s proposed purchase of single-family closed-end second mortgages.
FHFA Requests Public Input on Freddie Mac Second Mortgage Proposal
The Federal Housing Finance Agency on Tuesday proposed a new product from Freddie Mac to begin purchasing certain single-family closed-end second mortgages.
MBA Chart of the Week: IMB Average UPB of Repurchased/Indemnified Loans
MBA Research recently analyzed repurchase and indemnification volume over a five-year period from the third quarter of 2018 through the third quarter of 2023.