Freddie Mac

Mortgage rates jumped across the board to their highest point this year as 10-year Treasury yields rose in the past week over economic headlines, according to Freddie Mac.

MGIC Investment Corp.'s first-quarter net income beat analysts' estimates due to favorable loss development and that should be seen with the other private mortgage insurers.

Cloudvirga, in collaboration with Freddie Mac, has created the capability for loan officers to submit mortgage loan data to both government-sponsored enterprises' automated underwriting systems simultaneously with a single click.

Mortgage rates increased a scant two basis points this past week, holding steady recently after their rapid rise at the start of this year, according to Freddie Mac.

The use of appraisal management companies does not result in higher quality property valuation reports, according to a working paper published by the Federal Housing Finance Agency.

The future secondary mortgage market entities will receive high investment grade ratings, even as there is no clarity on their scope or form, Fitch Ratings said.

The reserve bank's proposal to address banks and nonbanks that remain "too big to fail" does not include two of the largest such institutions: Fannie Mae and Freddie Mac.

Mortgage rates dropped as the stock market downturn at the start of the week drove yields on the 10-year Treasury lower.

The annual progress report on the Fannie Mae and Freddie Mac conservatorships reiterated that a new credit score model will likely not be operational until after the implementation of a new Single Security Initiative.

Mortgage rates held largely steady for the week, dropping only 1 basis point, according to Freddie Mac.