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: Repurchases
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.
MBA Applauds Efforts to Improve Loan Repurchase Requests; Calls for Better Alignment at the GSEs
MBA President and CEO Bob Broeksmit, CMB, issued a statement regarding recent moves by Fannie Mae and Freddie Mac to address loan repurchase requests.
Freddie Mac Plans Fee-Based Repurchase Alternative for Performing Loans
Freddie Mac, McLean, Va., plans a pilot program that could replace the current approach to seeking repurchases for performing loans with origination defects. Freddie Mac previewed aspects of the pilot program in October at MBA’s Annual Convention.