This is why Fannie and Freddie mortgage initiatives won't work

This is why Fannie and Freddie mortgage initiatives won't work

MBA declarations are feel-good, but temporary

How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers
W S

Items Tagged with 'Freddie Mac'

ARTICLES

Freddie Mac: Mortgage rates continue to fall below 4%

Hit lowest level in over a year
Brena Swanson
Mortgage rates continued to fall after last week’s significant drop and dipped to the lowest level since the week of June 6, 2013, the latest Freddie Mac Primary Mortgage Market Survey said.
Read More

Freddie Mac: The 4 ingredients for housing recovery

Recovery still has a ways to go
Brena Swanson
"Combined, these forces, once firing on all cylinders, can provide the lift off needed for economic growth to be stronger in 2015,"said Frank Nothaft, Freddie Mac vice president and chief economist.
Read More

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition
Jacob Gaffney
The CEO from the government-sponsored enterprise, Freddie Mac, said that his firm is increasingly becoming more competitive in the mortgage market and will look to see how its "credit box could be more fully utilized.”
Read More

Mel Watt and Julian Castro announce housing policy changes

MBA calls the policy changes "extremely positive"
Sarah Wheeler
Attendees at the Mortgage Bankers Association's Annual Convention & Expo think the changes are good. Really, really good.
Read More

Here’s how FHFA opening the credit box could affect the industry

Compass Point: Originators, builders, mortgage insurance benefit
Trey Garrison
It’s likely that Federal Housing Finance Agency Director Mel Watt will announce a number of policy steps aimed at increasing mortgage credit availability when he speaks at the Mortgage Bankers Association Convention & Expo on Oct. 20.
Read More

Is the Massachusetts AG's run for governor compromised by GSE buyback lawsuit?

Nonprofit CEO also co-chairs Coakley’s campaign finance committee
Ben Lane
Massachusetts Attorney General Martha Coakley stands accused of failing to disclose close ties between her gubernatorial campaign and a nonprofit that’s at the center of the State of Massachusetts’ lawsuit against the Federal Housing Finance Agency, Fannie Mae and Freddie Mac over buyback programs.
Read More

FHFA, Fannie & Freddie near deal to open mortgage credit box

Deal could set fire beneath stagnant mortgage lending
Trey Garrison
As readers of HousingWire know, Federal Housing Finance Agency Director Mel Watt has been working towards a plan to open what many see as underwriting standards that are too restrictive. Now, The Wall Street Journal is reporting that Fannie Mae and Freddie Mac may be close to adopting Watt's initiative.
Read More

Freddie Mac: Mortgage rates officially at new 2014 lows

Rates drop below 4%
Brena Swanson
Mortgage rates continued to drop, falling to new yearly lows as the 30-year fixed-rate mortgage hit its lowest level since June 20, 2013. This was also the last time the 30-year FRM averaged below 4%.
Read More

Moody’s Mark Zandi: Don’t mess with the g-fees

Zandi says it won’t bring in the private capital
Trey Garrison
While many argue that higher g-fees are necessary to entice more private capital into the mortgage market, Mark Zandi, Chief Economist at Moody’s Analytics, believes this is a stretch.
Read More

The new standard for getting a mortgage

Small banks slowly fill in lending gap
Brena Swanson
While the big banks are still stingy on the people they choose to lend to, a small handful of banks are willing to bet on select borrowers who still have high credit scores despite a few blips on their financial history.
Read More