New Business at 1-Year High for Freddie
Secondary volume climbed to the highest level in a year at the Federal Home Loan Mortgage Corp., while delinquency held at an eight-year low.
HARP Extended, New High-LTV Program to Replace It
A new program has been unveiled that will replace the Home Affordable Refinance Program. Until the new offering goes live, HARP will be extended.
MSRs on Nearly $3 Bil in GSE Loans Up for Auction
Servicing rights on almost $3 billion in residential loans backed by the government-sponsored enterprises are being auctioned off to the best bidder.
New Mortgage Application Arrives
A new loan application for single-family loans has been unveiled for use on government-sponsored enterprise loans and government-backed mortgages.
GSE Multifamily Limits Raised
The volume of apartment-secured mortgages that can be financed by Fannie Mae and Freddie Mac has been increased by their regulator.
GSE Refinances Up 4th Consecutive Month
For the fourth month in a row, government-sponsored enterprise refinances rose, and the Federal National Mortgage Association was behind the latest increase.
Big GSE MSR Portfolio Being Offered
A portfolio of mortgage servicing rights on nearly $2 billion in first-lien government-sponsored enterprise home loans is being offered for sale.
2 C-Suite Moves Among Mortgage Executive Activity
In addition to a pair of C-Suite appointments, recent mortgage executive activity includes a C-Suite firing and mid-level movement.
Over $1.5 Billion in GSE MSRs Up for Bid
Bids are being taken for an offering of mortgage servicing rights on more than $1.5 billion in government-sponsored enterprise home loans.
Over $1 Bil in Non-Performing GSE Loans for Sale
Bids are being accepted on a portfolio of more than $1 billion in government-sponsored enterprise home loans that are not performing.