Like its sister agency, Freddie Mac this week reported large Q4 losses that will require government bailout money for the first time since 2012. The major difference is that Freddie won't need as much money as Fannie Mae. On Thursday, ...
Read More »Freddie Mac’s Loretta Ibanez: Innovating and Learning in a Fast-Fail Environment
In your job as Mortgage Innovation Director, what does a typical day look like? We have always done innovation at Freddie Mac, but we’re making big investments and improving our Loan Advisor Suite for our customers. Beyond just the sourcing ...
Read More »FHFA Report: GSEs’ Total Foreclosure Prevention Actions Cross 4M
The GSEs (Fannie Mae and Freddie Mac) completed 22,411 foreclosure prevention actions in November, bringing the total to 4,013,134 since the start of the conservatorships in September 2008, according to the Foreclosure Prevention Report released by the Federal Housing Finance ...
Read More »CoreLogic to Redistribute GSE Credit Risk Transfer Data
CoreLogic, a leading global property information, analytics, and data-enabled solutions provider, announced it is redistributing credit risk transfer (CRT) loan-level data from Fannie Mae and Freddie Mac. The CRT redistribution will include Fannie Mae’s Connecticut Avenue Securities (CAS) data and Freddie Mac’s Structured Agency ...
Read More »Freddie Mac Appoints Jacqueline Welch as CDO and HRDI Head
Welch to lead Freddie Mac's diversity and inclusion strategy for its workforce and supplier diversity programs, as Chief Diversity Officer.
Read More »Freddie Mac Marks Single-Family Rental Milestone
Freddie Mac officially entered the single-family rental space this week as Berkadia announced the closing of the very first affordable single-family rental financing through Freddie Mac Multifamily for TrueLane Homes, a leading owner of single-family rental homes. The financing totalled ...
Read More »Freddie Mac Expands Credit Risk Transfer Program
Freddie Mac recently announced the expansion of its Agency Credit Insurance Structure (ACIS) program with ACIS Forward Risk Mitigation (AFRM), a front end credit risk transfer offering. This latest credit risk transfer (CRT) offering enables Freddie Mac to transfer mortgage credit ...
Read More »The Industry Pulse
Which companies are merging, and what professionals are moving? See some highlights in this update of the housing and mortgage industries. Freddie Mac has announced an expansion of its Agency Credit Insurance Structure (ACIS) program with ACIS Forward Risk Mitigation ...
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 »Fannie and Freddie Announce Holiday Eviction Moratoriums
The GSEs announced the continuance of a holiday tradition, allowing homeowners facing eviction to remain in their homes during the holidays as they explore their options.
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