Search

The Promise Homes Company reported that it has closed on two refinancings from Freddie Mac Multifamily totaling $25.7 million, which covers 308 single-family homes in the Atlanta metro area and [...]

Freddie Mac reported the next stage of its initiative with LoanBeam: simplifying and automating the process for calculating income for a self-employed borrower when underwriting a mortgage through Freddie Mac's [...]

Byline: Ian McKendry WASHINGTON -- The top regulator for Fannie Mae and Freddie Mac signaled Tuesday that he was not prepared for the government-sponsored enterprises to continue to lose their [...]

Freddie Mac reported the settlement of its third Seasoned Credit Risk Transfer (SCRT) offering a rated securitization of approximately $2.47 billion of both guaranteed senior and unguaranteed subordinate securities. According [...]

Byline: Brian Collins WASHINGTON -- Fannie Mae and Freddie Mac are expected to announce new products Monday that are designed to make it easier for borrowers to get mortgages, addressing [...]

Byline: Kate Berry The regulator of Fannie Mae and Freddie Mac should require that banks and mortgage lenders obtain independent, third-party tests to ensure compliance with guidelines, according to a [...]

Byline: Sarah Todd First Horizon National (FHN) in Memphis, Tenn., has reached an agreement with Freddie Mac related to home loans originated and sold to the government-sponsored entity between 2000 [...]

Byline: Sarah Todd U.S. Bancorp (USB) in Minneapolis has agreed to pay $53 million to Freddie Mac to resolve mortgage-repurchase obligations. The payment will cover loans sold to the government-sponsored [...]

Byline: Kate Berry The Federal Housing Administration has joined Fannie Mae and Freddie Mac in calling for mortgage lenders to temporarily postpone mortgage payments for furloughed government employees and contractors [...]

Byline: Evan Nemeroff A third financial institution has come to an agreement with Freddie Mac to resolve claims that it issued problematic loans to the government-sponsored enterprise between 2000 and [...]

Byline: Kate Berry Home Federal Savings & Loan of Nebraska has been selling loans to Freddie Mac for nearly 25 years and wants to continue doing so -- but the [...]

Byline: Kate Berry Bank of America (BAC) will buy back $330 million of home mortgages from Freddie Mac, raising concerns that the bank's newly-originated loans are not meeting tight underwriting [...]

Byline: Brian Collins Fannie Mae has joined Freddie Mac in declaring war on so-called side agreements that lenders have worked out with mortgage insurers to reduce their exposure to loan [...]

Byline: Paul Muolo Mortgage Industry Advisory Corp. will auction off a portfolio of mortgage servicing rights tied to $1 billion of loans controlled by Freddie Mac. The delinquency rate on [...]

Cenlar, a thrift in Trenton, N.J., has leapfrogged over Dovenmuehle Mortgage Inc. of Lake Zurich, Ill., to become the nation's largest home loan subservicer thanks in part to a new [...]

The unraveling of Taylor, Bean & Whitaker Mortgage Corp. has left hundreds of community banks scrambling to find replacement buyers for their loans. The Ocala, Fla., company, which stopped originating [...]

Freddie Mac is bringing in reinforcements to speed up the loan modification process. The McLean, Va., government-sponsored enterprise said Friday that it had hired Home Retention Services Inc. of Houston, [...]

Freddie Mac has renewed an agreement to provide technology, training, and favorable pricing to members of the Credit Union National Association. The renewal was announced Tuesday. The parties did not [...]

San Diego - The appraisal standards that Fannie Mae and Freddie Mac have agreed to adopt under their March deal with New York Attorney General Andrew Cuomo could be altered, [...]

Freddie Mac said Thursday that New Vista Asset Management of San Diego has joined the network of firms that market the government-sponsored enterprises inventory of repossessed homes. New Vista uses [...]

Freddie Mac's decision to stop buying loans insured by Triad Guaranty Inc., pending an appeal, shows there is a limit to how much forbearance the government-sponsored enterprises are willing to [...]

Republican senators expressed concern Tuesday about a deal cut among Fannie Mae, Freddie Mac, and New York Attorney General Andrew Cuomo that would establish appraisal standards for any lender selling [...]

Washington, D.C.--Fannie Mae and Freddie Mac said Monday that they would only purchase mortgages from lenders that employ independent appraisers, according to The New York Times.As part of an agreement [...]

Freddie Mac has posted a video on YouTube to alert delinquent borrowers to the hazards of foreclosure rescue scams. The government-sponsored enterprise said it decided to produce the two-minute video [...]

WASHINGTON -- New York Attorney General Andrew Cuomo's decision to take an indirect path in his investigation into Washington Mutual Inc., most notably by targeting its relationships with Fannie Mae [...]

Pummeled by the deteriorating credit environment, Freddie Mac said Tuesday that it 'is seriously considering' a 50% cut in its fourth-quarter common stock dividend and that it has hired Goldman [...]

WASHINGTON -- Richard Syron, the Freddie Mac chairman and chief executive who was slated to step down as the CEO in 2006, was awarded a new employment contract Friday that [...]

All My Lenders Love, betrayal, beautiful people, and Freddie Mac. A soap opera debuting in a half-dozen television markets this week has it all. In a press release issued last [...]

JPMorgan Chase & Co. expects to begin servicing Freddie Mac's $700 billion portfolio of mortgage-backed securities and other assets this weekend. The New York banking company called the custody outsourcing [...]

MasterCard International is in the 'prelaunch' stage of letting cardholders use their cell phones to pay for purchases, its president for the Americas said. Freddie Mac has added about 200 [...]

Washington Mutual Inc., long more closely aligned with Fannie Mae, has shifted a significant portion of its business to Freddie Mac. In the second quarter the Seattle thrift company, which [...]

Expect single-family mortgage origination to decline by 10% to 20% in 2005, according to two secondary market economists. Fannie Mae chief economist David Berson sees originations falling from $2.74 trillion [...]

Freddie Mac's disclosure that a large number of its derivatives contracts cannot qualify for hedge accounting could put more pressure on Fannie Mae, some say. The acknowledgement that some of [...]

Freddie Mac has named EverHome Mortgage, a member of the EverBank family of companies, to its 2003 Tier One Hall of Fame. It marks the fourth consecutive year that EverHome [...]

Appintell's DISSCO fraud tool has been customized for Freddie Mac. The new version of the fraud-detection application is called SHERLOQ. As part of the agreement, Appintell will retain ownership of [...]

Freddie Mac's outside law firm, Baker Botts LLP, and the Office of Federal Housing Enterprise Oversight have begun examinations into the government-sponsored enterprise's servicing arrangements with Bank of America Corp., [...]

Freddie Mac has sold a default-management tool used by six large servicers to Computer Sciences Corp., which plans to expand the software's functionality. The Segundo, Calif., information technology services company [...]

Countrywide Financial Corp., which has long securitized nearly all its conforming loan production through Fannie Mae, appears to be sending much more of its business to Freddie Mac. From October [...]

A Hanover Capital Mortgage Holdings unit said Thursday that Freddie Mac had hired it to offer portfolio analysis, due diligence, and loan delivery services to America's Community Bankers members participating [...]

Rogers Townsend & Thomas here, a law firm specializing in default services, real estate and litigation, has been named a designated counsel for both Fannie Mae and Freddie Mac in [...]

Freddie Mac hired the executive search firm Korn/Ferry International on Wednesday to help find a new chief executive, a spokeswoman said Thursday. Freddie's regulator, the Office of Federal Housing Enterprise [...]

Freddie Mac has a loan purchase agreement with a 'major lender' that resembles the credit-sharing structure of two Home Loan Bank programs, which may mean the programs are giving Freddie [...]

Freddie Mac at press time was negotiating an affinity relationship with the Credit Union National Association, a trade group that represents close to 10,000 credit unions, Origination News has learned. [...]

CUNA is working on the details of an affinity relationship with Freddie Mac under which the secondary mortgage giant will offer CUNA members access to technology, products, services and training [...]

Fannie Mae and Freddie Mac insist that their new initiatives to get more business from community banks would have happened with or without the Federal Home Loan Bank System's Mortgage [...]

For years community banks had few options when it came to selling mortgage loans on the secondary market, because they did not produce enough to interest Fannie Mae and Freddie [...]

Freddie Mac and Cenlar FSB have formed a new private-label servicing option for members of America's Community Bankers that allows them to originate mortgages without the expense of a servicing [...]

LendingTree is not alone in partnering with Freddie Mac to offer Loan Prospector at point-of-sale on the Internet. Mortgagebot claims the distinction of being the first Web-enabled service provider and [...]