Here's why the loanDepot CEO loves the CFPB

Here's why the loanDepot CEO loves the CFPB

Regulatory environment huge barrier to entry

Realtor.com: Housing inventory increased in February

Price appreciation encouraging owners to sell

Google prepares to launch mortgage comparison tool

“Compare” service for mortgages already in use in the U.K.
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Items Tagged with 'Freddie Mac'

ARTICLES

Freddie Mac: Mortgage rates at 21-month low

Economic factors push rates down
Trey Garrison
Mortgage rates slid again this past week, but with little impact on mortgage applications. Here's what happened.
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Here are the details of Freddie’s massive delinquent loan sale

Sale sets foundation for new servicing rules
Brena Swanson
The Federal Housing Finance Agency’s new requirements for sales of nonperforming loans by Freddie Mac and Fannie Mae were based on two pilot sales. These are the details to one of those transactions.
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BBVA Compass launches zero-percent down mortgage program

HOME Program designed to boost homeownership
Ben Lane
For some prospective borrowers, saving up 3% for a down payment on a home is still a hurdle they can’t quite clear. However, a new program from BBVA Compass will allow borrowers to put down even less for a down payment.
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FHFA revamps nonperforming mortgage servicing rules for Fannie and Freddie

Reduces taxpayer risks
Brena Swanson
Freddie Mac sold severely delinquent loans through two transactions in the past six months, totaling approximately $1 billion in unpaid principal balance. From this pilot program, the Federal Housing Finance Agency formed these enhanced requirements for sales of nonperforming loans by Freddie Mac and Fannie Mae.
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From HW Magazine

Hot Seat: Darius Borzogi

President and CEO of Veros discusses the latest in automation
Sarah Wheeler
The recently announced FHA premium reductions would lead one to reasonably anticipate an increase in volume. EAD will give FHA 100% diligence on all submitted appraisals, which allows FHA to engage in these types of policies, knowing it has the systems and tools in place to identify and manage risk.
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10 reasons the housing market could go ballistic this spring

Even FOMO makes the list
Brena Swanson
The housing market is about to head into the start of the spring homebuying season, but looking at these ten facts, the wheels might already be starting to turn.
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Freddie Mac: Mortgage rates increase three weeks straight

Hover around end of 2013 lows
Brena Swanson
Although mortgage rates grew for the third consecutive week, they still remain near lows experienced in late May 2013.
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FHFA: House prices edge up 1.4% in December

Smaller inventories provide upward pressure
Trey Garrison
Smaller inventories helped push house prices slightly higher in December. Here's the rundown on what happened.
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Dick Bove: Mortgage lending won’t exist without Fannie, Freddie

Who would buy 30-year, fixed-rate mortgages?
Brena Swanson
The government has been talking about the future of Fannie Mae and Freddie Mac for some time now, but without these organizations, what buyers will be there to fill in the gap?
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Where are the non-bank servicers?

Non-bank servicers should follow Ocwen's example
Craig Nickerson
While the economic recovery is well underway in many parts of America, not all local markets are participating. Many communities that were hard hit by the housing and economic crisis, particularly in the Midwest and Southeast, are being left behind.
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