Freddie Mac’s average rate on a 30-year fixed-rate loan was 6.95% for the week ending January 30, virtually unchanged from a ...
The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.
Read here for an analysis of Fannie Mae and Freddie Mac recapitalization under Trump administration, with insights on risks ...
A portfolio loan is a good option for borrowers who don’t qualify for a conventional loan. Learn how portfolio mortgages work ...
Almost half of investors who buy agency mortgage-backed securities (MBS) say in a survey by JPMorgan Chase & Co they expect ...
Fannie and Freddie play crucial roles in the housing market—setting lending standards for home loans and owning or ...
Closing timelines for mortgages tend to rise and fall on a monthly basis with most mortgages closing in an average of 44 days ...
Shares slip after a run-up that followed December disclosure of Pershing Square chief’s plan to end government ...
Each year, the U.S. Department of Housing and Urban Development (HUD) Federal Housing Administration (FHA) updates its annual ...
“The result is empowering lenders to originate more loans eligible for sale to Freddie Mac without changing their workflow. We’re also arming lenders with more detailed information around purchase ...
The QC process, mandated by Fannie Mae and Freddie Mac, requires lenders to review 10% of all mortgage files prior to closing. Traditionally, QC is conducted by third-party providers or internal teams ...