The program is only for primary residences and the first mortgage must have a minimum seasoning…
Tag: Freddie Mac
Freddie Mac CFO to resign at the end of June
Freddie Mac’s chief financial officer, Christian Lown, notified the company of his intention to resign at…
FHFA seeks public comment on GSEs’ underserved markets plans
The Federal Housing Finance Agency (FHFA) this week issued a public request for information for plans…
‘Not HELOC. Not piggyback.’ Freddie Mac exec defends new product proposal amid resistance
“What we are bringing forward, called closed-end second lien, assuming a FHFA approval, will provide them…
With elections ahead, housing policy analysts discuss the end of GSEs’ conservatorship
Isaac Boltansky, managing director and director of policy research at BTIG, said on Tuesday that he…
Freddie Mac’s plan to enter the home equity market draws mixed reviews
Peter Van Gelderen, co-head of Global Securitized at TCW, a leading global asset management firm, said this…
Loan buybacks haven’t disappeared, but they are trending down
As of third-quarter 2023, the most recent data available, Freddie Mac’s repurchase volume was $384 million,…
GSEs will not count buyer agent commissions as IPCs
Fannie Mae and Freddie Mac will not count buyer’s agent commissions as part of their allowable…
Escalating insurance costs deepen housing affordability crunch: Freddie Mac
Fueled by a surge in mortgage rates, owning a home has become increasingly expensive. According to…