Tag Archives: Freddie Mac

Multiple years of applicant tax data will help lenders precisely calculate income quickly, expanding options for income verification.

The size of the GSE’s Green MBS issuance doubled from 2021 to 2022, reflecting market demand for green homes and environmentally focused investments.

Existing-home sales fell in June, as all four regions recorded year-over-year sales declines, according to NAR, with the South and West posting the largest decreases.

The MBA reports that the share of mortgage loans in forbearance fell to 0.44% nationwide in June, with nearly 80% of that total citing pandemic-related reasons for their forbearance.

Ginnie Mae reports that its June 2023 recorded MBS issuance will support the financing of 130,000-plus households nationwide, including more than 62,000 first-time homebuyers.

In addition, a new report notes that Fannie Mae and Freddie Mac completed 58,268 foreclosure prevention actions in Q1 2023. Click through to read the other data from the GSEs’ Q1 2023 Foreclosure Prevention and Refinance Report.

A new study from USMI has found that in 2022, Texas, Florida, California, Illinois, and Ohio ranked as the top states for mortgage financing with private mortgage insurance.

The Supplemental Consumer Information Form is used during the mortgage application process, allowing borrowers to voluntarily identify language preferences and provide information on housing counseling and homeownership education they may have received.

The MBA reports nationwide forbearance volume has reached levels not seen since March 2020, attributed to a strong jobs market and the array of loss mitigation options introduced since that time.

“Overall credit performance remains solid for higher credit quality borrowers, but that is in an economy with unemployment rates below 4%,” Freddie Mac said in their report.