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Reducing access to funding would harm both homebuyers and communities across the country.
February 26 -
The agency is floating new criteria for commingled securities and credit scores, which are undergoing policy shifts.
February 23 -
Interest rate increases and economic concerns led the government entity to lower the required amount from $1 million to $250,000.
February 17 -
The majority of borrowers cite a national emergency declaration, but the share that do has been dropping as concerns about income, debt and unemployment creep up.
February 17 -
The company had asked that the case be dismissed given its similarity to previously settled claims. It's weighing an appeal.
February 15 -
The government-sponsored enterprise expects a "moderate recession" in the first half of 2023.
February 14 -
Executives at the company said building special-servicing capacity will help the company brace itself for a potential change in the credit cycle.
February 10 -
The company, which recorded positive comprehensive income based on unrealized RMBS gains, sees potential buying opportunities in bulk mortgage-servicing rights amid a wave of sales by Wells Fargo and others.
February 9 -
Adding pricing considerations tied to debt-to-income ratios, which frequently fluctuate, are destined to create problems with borrowers and internal operations, the Mortgage Bankers Association wrote.
February 7 -
Freddie Mac previously announced a similar change set to go into effect for mortgages with settlement dates on or after March 7.
February 2