Archives For: Freddie Mac
FHFA Takes Further Steps to Reduce Loan Repurchase Requests
FHFA is taking further action to reduce repurchase requests from Fannie Mae and Freddie Mac, which first spiked in 2022 and remained elevated in 2023.
16 Oct 2023
Freddie Mac Announces Michael J. DeVito to Retire as CEO
Freddie Mac announced that Michael J. DeVito has informed the Board of Directors of his intention to retire as CEO in Q1 2024.
8 Sep 2023
Freddie Mac Servicing Guide – Industry Pricing Update
An increase in the reimbursement expense limits for certain expense codes for the preservation and maintenance of vacant properties has been updated for Freddie Mac.
9 Aug 2023
FHFA Releases 1st Quarter 2023 Foreclosure Prevention and Refinance Report
FHFA has released its first quarter 2023 Foreclosure Prevention and Refinance Report, showing the Enterprises completed more than 58,000 foreclosure prevention actions.
23 Jun 2023
Freddie Mac Adds Affordable Housing Program for Native Americans
Freddie Mac launched a new mortgage product titled HeritageOne to support members of Native American communities.
8 Jun 2023
Freddie Mac Expands Digital Capabilities to Help Lenders Reach More Qualified Borrowers
Freddie Mac announced enhancements to its automated income assessment tool that allows lenders to include a borrower’s digital paystub data.
22 May 2023
FHFA Looks to Update Fannie Mae and Freddie Mac’s Single-Family Pricing
FHFA is requesting public feedback regarding Fannie Mae and Freddie Mac’s single-family pricing framework.
17 May 2023
FHFA Announces Rescission of Enterprise Upfront Fees Based on Debt-To-Income Ratio
FHFA has rescinded the upfront fees based on borrowers’ DTI ratios for loans acquired by Fannie Mae and Freddie Mac.
10 May 2023
FHFA Issues Notice of Proposed Rulemaking on Fair Lending Oversight
FHFA has announced that it is seeking comment on a proposed rule that would formalize many of the Agency’s existing practices regarding fair housing and fair lending oversight.
19 Apr 2023
FHFA Announces Updated Equitable Housing Finance Plans for Fannie Mae and Freddie Mac
FHFA announced updates to Fannie Mae and Freddie Mac’s Equitable Housing Finance Plans for 2023.
5 Apr 2023