Best Month for Freddie's New Biz in Over 3 Years
It has been more than three years since monthly business was as strong as it was last month at the Freddie Mac, while delinquency fell to a new eight-year low.
Freddie Unveils New Risk Sharing Program
A new program from the Federal Home Loan Mortgage Corp. utilizes a panel of mortgage insurance companies to share credit risk.
Freddie to Stop Allowing Lender-Paid DPA
The Federal Home Loan Mortgage Corp. is eliminating grants and gifts from home lenders as an eligible source of down payments on its program for lower-income borrowers.
MSRs on Over $3 Billion in GSE Loans On Market
Servicers have an opportunity to pick up mortgages servicing rights on over $3 billion in recently originated government-sponsored enterprise loans.
MBS Issuance at All-Time High at Ginnie Mae
The Government National Mortgage Association saw its monthly securitizations of real estate loans reach the highest level in its history.
Mid America to Acquire Delinquent FHA Mortgages
Mid America Mortgage Inc. has revealed plans to begin acquiring delinquent loans that are insured by the Federal Housing Administration.
For Sale: Over $1 Billion in GSE Mortgages
More than $1 billion in government-sponsored enterprise mortgages that are not performing are being offered for sale to the highest bidder.
Mortgage Credit Tightens 3 Out of Last 4 Months
During the last four months, residential lending standards have tightened three times. The latest constriction was led by conforming loans.
MSR Offering Could Exceed $1 Billion in GSE Loans
A bulk and flow offering of mortgage servicing rights could wind up exceeding $1 billion in government-sponsored enterprise home loans.
Over $1 Billion in Non-Performing GSE Loans Sold
Winning bidders have been announced for more than a billion dollars in government-sponsored enterprise residential loans that are not currently performing.