Freddie Mac has released its latest Monthly Volume Summary, which provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. This latest Monthly Volume Summary is comprised of data from January 2018. Freddie ...
Read More »Could Fannie and Freddie Be Eliminated Without Legislation?
GSE reform has been a hot-button topic ever since Fannie Mae and Freddie Mac came under government conservatorship during the financial crisis, but it’s one of those talking points that often seems heavy on the talk and light on the ...
Read More »Supreme Court Rejects Appeal in GSE Profits Case
This week the United States Supreme Court rejected appeals in a case challenging the federal government’s handling of profits generated by Fannie Mae and Freddie Mac since they came under government control during the 2008 financial crisis. On Tuesday, the ...
Read More »How Could Housing Reform Affect Rural Mortgage Lending?
According to a new paper published by the Center on Regulation and Markets at the Brookings Institution, rural communities could be dealt a serious blow if housing finance and GSE reform fails to take into account the effect such reform ...
Read More »FHFA Credit Changes Could Expand Homeownership
With the Enterprises considering major changes when it comes to GSE credit score standards, a FICO representative says they welcome the competition—so long as it’s fair.
Read More »Breaking Down Non-Performing Loan Sales
A new report dives into non-performing loan sales through June of 2017, including insights on foreclosure rates on both occupied and vacant homes.
Read More »Default Data After the Great Recession
A new JPMorgan Chase report examines the effects of mortgage modification programs in the aftermath of the Great Recession. How much difference did these programs make, and what can they tell us about the borrowers who made use of them?
Read More »Veros Introduces UCD-compliant Solution
Veros Real Estate Solutions, a Santa Ana, California-based technology provider, announced Wednesday a new solution that satisfies the GSEs’ Uniform Closing Dataset requirements, which go into effect next week. “We are pleased to announce our new VeroDATAFI for lenders to be able to comply with the new UCD requirements and address the system and process challenges that September 25th will bring,” said Charles Rumfola, SVP of Strategic Initiatives at Veros. Veros already has a strong relationship with the GSEs. In fact, Rumfola said, “Veros played an integral part in successfully implementing the Uniform Collateral Data Portal (UCDP) for the GSEs, and we are looking to build on that success for UCD.”
Read More »Freddie Mac Updates Servicing Guidelines
Freddie Mac released a join bulletin with Fannie Mae Wednesday that updates its guidelines for standard servicing policies, which are unrelated to its special initiatives to aid those affected by the hurricanes that have ravaged the continental United States.
Read More »Harvey Update: GSEs Announce Moratorium
Both of the Government Sponsored Enterprises announced Tuesday that they will assist homeowners affected by Tropical Storm Harvey as it continues to devastate the Gulf Coast.
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