Robert Van Order, Freddie Mac's chief economist since 1987, has been named to the newly created position of chief international economist. Frank Nothaft, Freddie Mac's deputy chief economist, will take over as chief economist. In the new post, Dr. Van Order will focus on international financial issues affecting the government-sponsored enterprise and advise foreign organizations on "the benefits of a secondary mortgage market," Freddie Mac said. Before joining the GSE, Dr. Van Order served as director of the Housing Finance Analysis Division at the Department of Housing and Urban Development from 1982 to 1985, as a HUD economist from 1976 to 1982, and as visiting professor of real estate at the Graduate School of Management at the University of California, Los Angeles. Dr. Nothaft previously served as an economist with the Federal Reserve Board. Freddie Mac's website address is http://www.freddiemac.com.
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Several lawsuits filed this year have painted the shared appreciation agreements as misleading, and suggest they should be treated as mortgage loans.
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Attom expanded its artificial intelligence platform, eLend partnered with Ready4Remodel to increase renovation financing and Keller Williams teamed up with Rejig.ai.
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A series of tornadoes and severe hailstorms across the Central U.S. turned Midwestern states into claims hotspots in the second quarter, according to Verisk.
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The Federal Housing Administration's proposed changes to property standards could open up origination opportunities for lenders comfortable with the updates.
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Zillow said the filing doesn't address any of the issues highlighted in the previous dismissal, and asked the court to dismiss the new complaint with prejudice.
September 22 -
Almost all five A1 tranches benefit from credit enhancement levels of 26.10%. The A1A tranche, however, has a credit enhancement level of 36.10%.
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