Archives For: Freddie Mac
Industry Veteran Ravi Shankar Appointed Head of Freddie Mac’s Single-Family Portfolio & Servicing Division
Freddie Mac announced that industry veteran Ravi Shankar has joined the company as senior vice president and head of Single-Family Portfolio and Servicing.
7 Nov 2022
FHFA Announces Validation of FICO 10T and VantageScore 4.0 for Use by Fannie Mae and Freddie Mac
FHFA announced the validation and approval of both the FICO 10T and VantageScore 4.0 credit score models for use by Fannie Mae and Freddie Mac.
24 Oct 2022
Freddie Mac Announces Underwriting Innovation to Help Lenders Qualify More Borrowers for a Mortgage
Freddie Mac will increase homeownership opportunities by identifying a history of positive monthly cash flow to a borrowers bank account with new tech added to its automated underwriting system LPASM.
17 Oct 2022
FHFA Outlines Seven Challenges for 2023
FHFA, Office of the Inspector General has published a memo identifying major challenges Fannie Mae and Freddie Mac expects to face in 2023.
14 Oct 2022
Freddie Mac: Mortgage Serious Delinquency Rate Decreased in August
Freddie Mac reported that the Single-Family serious delinquency rate in August was 0.70%, down from 0.73% July. Freddie’s rate is down year-over-year from 1.62% in August 2021.
26 Sep 2022
FHFA Releases 2nd Quarter 2022 Foreclosure Prevention and Refinance Report
FHFA has released its 2nd quarter 2022 Foreclosure Prevention and Refinance Report detailing Fannie Mae and Freddie Macs foreclosure prevention and refinance actions.
22 Sep 2022
Mortgage Rates Maintain their Ascent
Freddie Mac released the results of its Primary Mortgage Market Survey, showing that the 30-year fixed-rate mortgage averaged 5.89 percent.
8 Sep 2022
Affordable Housing Coalition Releases Scorecard Outlining Improvements to GSE Duty-to-Serve Plans
A coalition of 21 leading national affordable housing groups has acknowledged improvements to Fannie Mae and Freddie Mac’s Duty to Serve Underserved Market Plans for 2022-2024.
7 Sep 2022
Ginnie Mae, FHFA Releases Updated Seller/Servicer Requirements
Ginnie Mae and FHFA have issued new capital eligibility requirements for seller/servicers and issuers.
18 Aug 2022
FHFA Announces Mortgage Servicer Requirements for Maintaining Fair Lending Data
FHFA announced that Fannie Mae and Freddie Mac will require mortgage servicers to maintain certain elements of fair lending data throughout the loan term.
11 Aug 2022