Tag Archives: freddie mac

New Freddie Mac mortgage plan bundles purchases and repairs

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The CHOICERenovation program offers homebuyers a single loan, with just one set of closing costs, that they can use to buy a house and then fix it up. Continue reading →

Big changes are coming to Fannie and Freddie … beware

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Last weekend the Federal Housing Finance Agency announced the first in a likely series of changes at Fannie Mae and Freddie Mac. Continue reading →

A new ‘uniform’ for Fannie and Freddie aims to help homebuyers, investors

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Though relatively obscure among most consumers, the project to create the UMBS has been in the works since at least 2012. Officials have already been prepping investors for the launch of the combined TBA market for months, and during Monday’s phone cal… Continue reading →

Fannie and Freddie critic Mark Calabria confirmed as Housing Finance director

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The U.S. Senate on Thursday confirmed Mark Calabria to head the Federal Housing Finance Agency (FHFA), the agency tasked with overseeing the government-sponsored entities Fannie Mae and Freddie Mac. Continue reading →

Agents see growing demand as mortgage rates plummet

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Like an avalanche growing larger as it tumbles down a mountain, agents are seeing swelling demand from buyers as mortgage interest rates plummet. Continue reading →

Mortgage rates see biggest plunge in over a decade

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Average 30-year fixed-rate mortgages declined by 22 basis points from 4.28 percent to 4.06 percent, resulting in the biggest single-week decline in rates since 2008, according to Freddie Mac’s latest Primary Mortgage Survey released on Thursday. Continue reading →

Fannie Mae appoints Hugh Frater as permanent CEO

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Fannie Mae has appointed Hugh Frater as its permanent chief executive officer following a six-month search to replace former CEO Timothy Mayoupolos, who stepped down in October. Continue reading →

Discrimination fears keep LGBT homebuyers on sidelines: Poll

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Fear of discrimination by new neighbors, agents and sellers is keeping LGBT renters from making their first home purchase, according to the National Association of Gay and Lesbian Real Estate Professionals third annual LGBT Real Estate Report released … Continue reading →