Tag Archives: freddie mac

Fannie and Freddie boost profits even as mortgage business tanks

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The $68 billion in single-family mortgages Fannie Mae acquired during the first quarter made it the slowest period in more than 20 years. Continue reading →

What agents need to know as the complex mortgage fee hike kicks in

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Loan-level pricing adjustments — a fee on mortgages — led to widespread misinformation leading up to the May 1 hike. Inman spoke to experts about what the changes mean for homeowners. Continue reading →

Impac Mortgage kicked off of NYSE American exchange, shares plunge

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The non-QM lender has kept the doors open by slashing costs and repositioning its retail consumer direct channel, CashCall Mortgage, to be a mortgage broker. Continue reading →

Keller Williams, Rocket named best companies for diversity: Forbes

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KW, Rocket and Anywhere all landed spots on Forbes’ latest list of best employers for diversity. The news comes amid an ongoing push for greater diversity in real estate. Continue reading →

Fannie and Freddie’s fees going up Monday despite lender objections

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The Federal Housing Finance Agency says risk-based fee increases are aimed at ensuring the mortgage giants’ safety and soundness, not to subsidize fee waivers for buyers of limited means. Continue reading →

More tech vendors approved to support appraisal-free mortgages

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Stewart Valuation Intelligence (SVI) is the latest technology vendor to be approved by Fannie Mae to support the new value acceptance + property data valuation process. Continue reading →

Better’s ‘One Day Mortgage’ product lifts off

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New products and agent partnerships could help Better make the transition from a company known primarily for refinancing to a lender that serves homebuyers. Continue reading →

Mortgage, tech experts invited to brainstorm ideas at ‘TechSprint’

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Fannie Mae and Freddie Mac’s federal regulator will host Velocity TechSprint, a problem-solving challenge for product developers and data scientists in nation’s capital July 10-13. Continue reading →

Software vendors gear up to support appraisal-free mortgages

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Starting April 15, Fannie Mae says more homebuyers will qualify for a program requiring full interior and exterior inspections that capture data and images throughout the property. Continue reading →

New mortgage fee won’t debut until after spring homebuying season

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Industry groups continue to object to a new Fannie and Freddie fee aimed at some riskier borrowers as a burden on lenders and consumers. Continue reading →