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A securities settlement, portfolio asset sales and greater interest among smaller lenders helped Freddie Mac compensate for potential losses from the catastrophic hurricane season.
October 31 -
Fannie Mae is testing a conforming loan product that makes use of a New Hampshire law that lets manufactured housing in resident-owned communities get treated like units in a co-operative building.
October 27 -
Rents have increased rapidly across housing markets as the share of renting households has risen faster than the number of new units.
October 27 -
Mortgage rates reached their highest level since July and are closing in on 4%, according to Freddie Mac.
October 26 -
Most secondary market outlets, along with the non-qualified mortgage lenders, remain reluctant to lend to legal cannabis workers because of the source and nature of their compensation, but opportunities are beginning to emerge.
October 25 -
Cannabis businesses are legal in 29 states, but compliance questions on the federal level are keeping mortgage lenders from making loans to the industry's workers.
October 23 -
The Federal Housing Finance Agency added a language preference question to the loan application, rejecting the mortgage industry's wishes.
October 20 -
Mortgage rates ticked down for the first time in two weeks as the 10-year Treasury yield fell to its lowest point in October, according to Freddie Mac.
October 19 -
The way lenders need to submit payment information on certain student loans in order to calculate a borrower's monthly debt-to-income ratio is changing at Freddie Mac.
October 19 -
In a moment of rare unity, the Independent Community Bankers of America and National Association of Federally-Insured Credit Unions sent a joint letter to FHFA arguing to stop the GSEs' profit sweep.
October 19