The GSE has announced the sale, via auction, of more than 3,500 non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio as part of Freddie Mac’s Standard Pool Offerings.
Read More »REO Forum Closes Out Successful 2023 Five Star Conference
Asset managers and industry stakeholders took part in a forum at the Five Star Conference & Expo in Dallas to discuss shifts in the REO marketplace, and how to overcome hurdles the industry may face in the coming months.
Read More »Regulatory Issues Take Center Stage at Five Star Conference
The Legal League held its Fall Servicer Summit in conjunction with the 20th anniversary of the Five Star Conference in Dallas, spotlighting the latest regulatory developments, lawsuits, and emerging trends within the housing and mortgage space.
Read More »Forbearance Rate Edges Closer to Pre-Pandemic Levels
The MBA reports the share of mortgage loans in forbearance has fallen to 0.33% nationwide in August, just eight basis points shy of where the rate was in March 2020 at the outset of the pandemic.
Read More »Honoring Women Fostering the Expansion of Homeownership
The Five Star Institute will recognize the achievements of remarkable businesswomen working to expand homeownership, especially for first-time homeowners, with its Keys in Hand Award, part of the upcoming 12th Annual Women in Housing Leadership Awards event.
Read More »FHFA Seeks Public Comment on Updated Credit Score Requirements
FHFA is soliciting comments from market participants and stakeholders on the transition to updated credit scoring models and credit reporting requirements for loans acquired by the GSEs.
Read More »Freddie Mac CEO DeVito Announces Retirement
Michael J. DeVito will move on from the role of CEO in the first quarter of 2024, as the GSE is set to begin its search for a successor to the position.
Read More »Recognizing 15 Years of GSE Conservatorship
September marks the fifteenth anniversary of Fannie Mae and Freddie Mac being placed into conservatorship by the FHFA at the height of the Great Financial Crisis, and continues to show no signs of ending, according to a new Q&A from industry veteran Don Layton.
Read More »Fitch Spotlights RMBS Delinquency Trends, Borrower Assistance Impacts
According to the Fitch Ratings, loan portfolio delinquencies modestly improved for the fifth consecutive quarter. Click through to read the latest data and info on the impact of borrower assistance programs in Q1 2023.
Read More »Nearly 70% of Borrowers in Forbearance Cite Pandemic-Related Hardships
The share of mortgage loans in forbearance fell to 0.39% of servicers’ portfolio volume in July, as the MBA reported that nearly two-thirds of borrowers still in forbearance were due to the effects of COVID-19.
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