Currently Browsing: Freddie Mac
New Appeals Process for Loan Repurchases
Last week, Fannie Mae and Freddie Mac disclosed an appeals process that will allow an independent arbitrator to resolve any disputes between lenders and the government-sponsored enterprises over loan repurchase demands. An article in National Mortgage News by Brian Collins explains that…
Read More February 11, 2016
Freddie Mac Releases Mortgage Rate Forecast for 2016
Government-owned Freddie Mac recently issued its mortgage rate forecast for 2016. This forecast comes from Freddie Mac’s broader report titled, “May 2015 U.S. Economic and Housing Market Outlook.” The report explains that according to Freddie Mac’s estimation, the average rate for a…
Read More May 28, 2015
Freddie Mac Suggests 2015 Could be a Great Year
According to Freddie Mac, 2015 could be the best year for home sales and new home construction since 2007, which is great news for all involved in the mortgage industry. Deputy Chief Economist Len Kiefer recently said, “This month kicks off the…
Read More March 26, 2015
Reasons Behind Decrease in Mortgage Originations
According to a recent post by Freddie Mac analysts, home buyers are not taking advantage of lower interest rates, as indicated by a decrease in mortgage originations. These analysts identified three main factors for this decrease. The first reason is that the…
Read More August 28, 2014
Changes to Fannie Mae and Freddie Mac
As 2013 continues to move along, so do a number of changes in the mortgage world. On Monday, acting director of the Federal Housing Finance Agency, Edward DeMarco, who oversees Fannie Mae and Freddie Mac, announced a plan to combine the two…
Read More March 7, 2013
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