Mortgage acquisitions by Freddie Mac fell 14% in 2006 to $502 billion, according to figures released by the company.Year-end production volumes for the entire industry have not yet been tabulated, but according to preliminary estimates from the Quarterly Data Report, residential originations fell 6.7% in 2006 to just over $3 trillion. (The QDR is published by National Mortgage News.) At year-end 2006, Freddie Mac's retained portfolio totaled $703.6 billion, compared with $710 billion at year-end 2005. The government-sponsored enterprise can be found on the Web at http://www.freddiemac.com.
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Atlas VMS acquired CloseClear.ai to help lenders prevent post-appraisal GSE buybacks. The tech continuously matches active pipelines against live disaster maps to plug closing blind spots.
26m ago -
BTIG is predicting mortgage origination volume for loanDepot, PennyMac Financial Services, Rithm, Rocket Cos., and UWM Holdings combined will be 5% lower than the industry consensus for the third quarter.
2h ago -
Researchers showed a message with no return address slips past Reject Direct Send. Credit unions were told to close this kind of gap in 2021.
11h ago -
Also, the Broker Action Coalition announced Jamie Cavanaugh as its next CEO, while Dark Matter Technologies added two new members to its leadership team.
September 8 -
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Two online ads promise Fannie Mae and Freddie Mac are working to boost purchase applications but it's unclear whether they signal interest in a stock offering.
September 8








