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Issue Number 109, January 10, 2000
Conventional Mortgage Stories
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Conventional Mortgage Technology
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Fannie Mae, Freddie Mac Set For Strong Quarter Despite Higher Rates
Investors less optimistic than analysts
DowJones.com January 6
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HUD Steps Up Probe Of Automatic Underwriting Systems
Fannie trying to keep proprietary AU criteria confidential
WSJ.com January 4
(subscription required)
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Fannie-Freddie Regulator Issues Hearing Procedure Rule
Office of Federal Housing Enterprise Oversight must conduct hearings on the record and give the subjects an opportunity to participate
AOL.com December 28
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New York, California Reportedly Investigating 'Pool' Mortgage Insurance
Mortgage Insurance Anti-Kickback law violations
WSJ.com December 28
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Prism Fincl To Sell Most Of Agency-Eligible Mtge Loans
Strategic alliance with Fannie Mae includes technology integration, ancillary business services and market expansion
AOL.com December 22
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Wash. Mutual. Franchise Finance In Loan Sale, Buy Pact
Washington Mutual said it expects to buy a total of about $4-$5 billion of Franchise Finance's loans during the three-year agreement and retain them in its portfolio
AOL.com December 15
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MORE THAN TWO-THIRDS OF REFINANCING HOMEOWNERS TAPPED INTO EQUITY IN THE THIRD QUARTER OF 1999
Freddie Macs quarterly refinance review for 3rd quarter 1999
FreddieMac.com November 29
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HOME PRICES SOAR, BUT IN SOME REGIONS ACTION REMAINS SLOW
The Federal Housing Finance Board government survey, which is used to set the dollar limit on loans that can be purchased by Fannie Mae and Freddie Mac
ChicagoTribune.com November 21
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Freddie Mac Announces Record Earnings for Third Quarter 1999
Third Quarter 1999 Earnings Per Share Up 29 Percent
CBSNews.com October 19
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FREDDIE MAC UNDERWRITERS PLAN TO MARKET NEWEST FIVE-YEAR REFERENCE NOTESM SALE USING THE INTERNET
Merrill Lynch & Co. and Warburg Dillon Reed to Initiate Web-based Bond Platforms
FreddieMac.com January 4
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Fannie Mae and First American Financial to Provide Lenders with Electronic Access to More Products on MORNETPlus Network
Appraisals, Flood Certificates, and Title Insurance in Offering
FannieMae.com December 21
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FREDDIE MAC PROVIDES LOAN PROSPECTOR® USERS WITH UNPARALLELED CREDIT REPORT OPTIONS, CHOICES
Lenders can now obtain a merged credit report with their approval from the internet, with one input for Loan Prospector & credit report
FreddieMac.com October 4
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Fannie Mae Enhances Desktop Underwriter
Version 4.5 Includes New Features to Help Lenders Offer More Products, Reach More Borrowers
FannieMae.com September 27
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Fannie Mae and Chicago Title Corporation Team-Up to Provide Lenders With Appraisal and Flood Information Over MORNETPlus Network
FannieMae.com September 22
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Webster Mortgage Wins Fannie Mae's National Technology Leadership Award
Webster Bank wins award because of its innovative use of technology to streamline the mortgage process
FannieMae.com September 10
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