Home / Featured (page 592)

Featured

Freddie Mac On Track to Single Security

In an effort to provide more liquidity and lower costs for borrowers, Freddie Mac has announced that it will begin issuing new 55-day “mirror” mortgage-backed securities. These securities will be available for the current population of exchange-eligible 45-day Freddie Mac ...

Read More »

Fannie Mae Earnings Increase in Q2

Fannie Mae’s earnings are up, and its delinquency rates have returned to their downward slide after a hurricane-driven increase late last year. Here are the details.

Read More »

Wells Fargo Settles Allegations of Fraud for $2.09B

Wells Fargo Bank—a subsidiary of Wells Fargo & Company—has reached a settlement with the United States, as represented by the Department of Justice (DOJ), to the total of $2.09 billion for allegations that the bank originated and sold residential mortgage ...

Read More »

Home Prices Remain High, Continue Yearly Growth

Home prices continued their steady year-over-year incline in May, reaching a price growth of 6.4 percent since May 2017, according to the most recent Case-Shiller Home Price Index from CoreLogic. Despite this, hopeful homebuyers still felt a modicum of relief, ...

Read More »