Archives For: Freddie Mac

Freddie Mac: Mortgage Serious Delinquency Rate Decreased in June

Freddie Mac reported that the Single-Family serious delinquency rate in June was 0.76%, down from 0.80% May.

26 Jul 2022

FHFA Sharpens Focus on Fintech, Creates New Office

The Federal Housing Finance Agency has set up a new office that will enable FHFA to expand its focus on financial technology.

19 Jul 2022

FHFA Releases 1st Quarter 2022 Foreclosure Prevention and Refinance Report

FHFA released it’s first quarter 2022 Foreclosure Prevention and Refinance Report, detailing Fannie Mae and Freddie Mac foreclosure prevention actions.

28 Jun 2022

FHFA Releases GSE’s Equitable Housing Finance Plans for 2022-2024

The Federal Housing Finance Agency has released Fannie Mae’s and Freddie Mac’s Equitable Housing Finance Plans for 2022-2024.

8 Jun 2022

Freddie Mac Announces Automation of Key Underwriting Criteria

Freddie Mac has unveiled new automated underwriting capabilities that allow lenders to verify assets, income and employment using borrower-approved bank account data.

26 May 2022

FHFA to Make Supplemental Consumer Information Form Mandatory

Fannie Mae and Freddie Mac will now require lenders to use the Supplemental Consumer Information Form, which collects information about the borrower’s language preference among other things.

3 May 2022

Freddie Mac Promotes Longtime Exec to Lead Multifamily Unit

Freddie Mac announced it has promoted company veteran Kevin Palmer to head its Multifamily business beginning May 9.

3 May 2022

Freddie Mac Statement on 2022-2024 Duty to Serve Plan

Freddie Mac released a statement in support of the Federal Housing Finance Agency’s Duty to Serve (DTS) Plan announcement. The DTS Program sets an ambitious agenda for serving the manufactured housing, rural housing and affordable housing preservation markets.

27 Apr 2022

Gateless Integrates with Fannie and Freddie Tech; Partners with Google

Mortgage tech company Gateless has announced that it has integrated with Fannie Mae and Freddie Mac to improve efficiency in the loan process.

19 Apr 2022

Current Mortgage Rates Hit 5% for the First Time in a Decade

The average interest rate on a 30-year fixed-rate mortgage has climbed to 5% for the first time in more than 10 years, according to Freddie Mac.

14 Apr 2022

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