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Total multifamily and commercial mortgage originations are expected to decrease from last year's levels because of economic uncertainty, according to the Mortgage Bankers Association.
July 6 -
Fifth Third Mortgage has introduced a new down-payment assistance program in conjunction with Freddie Mac's Home Possible Advantage 3% down loan.
July 5 -
The Federal Housing Finance Agency has opened the door to experimenting with front-end credit risk transfer transactions, but it is not wide enough for some market players.
July 5
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Freddie Mac has obtained another three new insurance policies under its Agency Credit Insurance Structure program, representing the largest aggregate transaction to date.
July 1 -
The scheme is used by borrowers who don't have enough income to qualify for a regular mortgage, so they apply for a higher rate non-owner-occupied loan.
July 1
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The Federal Housing Finance Agencys first report on the sales of nonperforming loans owned by Fannie Mae and Freddie Mac may seem discouraging at first.
July 1
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Orlando, Fla., got a good dose of good news as Freddie Mac reported that the city's housing market posted the biggest year-over-year gains in April.
July 1 -
Cornerstone Real Estate Advisers, an asset manager owned by Massachusetts Mutual Life Insurance, agreed to buy ACRE Capital Holdings in a bet on multifamily loans.
June 30 -
As the mortgage industry swings more toward purchase loans and away from refinancings, its risk from material misrepresentations increases.
June 30
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Rates for 30-year mortgages dropped to the lowest level in more than three years as U.K. voters' decision to leave the European Union drove investors to the safety of American government bonds that guide home loans.
June 30
