Archive for the Freddie Mac Category


Fannie Mae and Freddie Mac Update Servicing Guides

On October 11, Fannie Mae and Freddie Mac announced updates to their respective Servicing Guides. Fannie Mae. Servicing Guide Announcement SVC-2017-09 highlights recent updates to the Servicing Guide, including topics related to the management of electronic transactions such as: (i) confirmation that sellers and servicers may originate, service, and modify loans using electronic records (electronic […]

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Freddie Mac Announces Small-Pool Pilot With EarnUp

Freddie Mac is announcing a 12-month long pilot with EarnUp, a financial technology company that helps consumers make timely loan payments and manage their financial health.  FreddieMac is encouraging low and moderate income earners to participate in the program by doing it through three non-profit financial counseling organizations: HomeFree-USA, GreenPath Financial Wellness, and InCharge Debt […]

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Freddie Mac Announces Pricing of $237 Million Multifamily Small …

MCLEAN, VA, Oct 05, 2017 (Marketwired via COMTEX) — MCLEAN, VA–(Marketwired – Oct 5, 2017) – Freddie Mac (otcqb:FMCC) announces the pricing of the SB39 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee approximately $237 million in Multifamily […]

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Equifax’s Grip on Mortgage Data Squeezes Smaller Rivals

Even more troubling is a deal between Freddie Mac, the huge mortgage-finance company, and Equifax that gave the troubled credit reporting agency an even tighter grip on the business of providing credit information. Here’s the background. Both Freddie Mac and the other government-sponsored mortgage finance company, Fannie Mae, have automated underwriting systems that are meant […]

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Freddie Mac Prices $1.1 Billion Multifamily K-Deal, K-F36

MCLEAN, VA–(Marketwired – Oct 13, 2017) –  Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) backed by floating-rate multifamily mortgages with seven-year terms. The approximately $1.1 billion in K Certificates (K-F36 Certificates) are expected to settle on or about October 25, 2017. K-F36 Pricing         […]

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Freddie Mac: Mortgage rates increase for second consecutive week

Mortgage rates increased once again, edging closer to the psychologically important 4% mark, according to Freddie Mac’s latest Primary Mortgage Market Survey. “The 30-year mortgage rate increased for a second consecutive week, jumping six basis points to 3.91%,” Freddie Mac Chief Economist Sean Becketti said. Click to Enlarge (Source: Freddie Mac) The 30-year fixed-rate mortgage […]

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Freddie Mac Announces Pricing of $263 Million Multifamily Small Balance Loan Securitization

MCLEAN, VA, Oct 13, 2017 (Marketwired via COMTEX) — MCLEAN, VA–(Marketwired – Oct 13, 2017) – Freddie Mac (otcqb:FMCC) announces the pricing of the SB40 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee approximately $263 million in Multifamily […]

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Freddie Mac: As expected, interest rates begin upward climb | 2017 …

Just as previously predicted, mortgage rates increased slightly this week, according to Freddie Mac’s Primary Mortgage Market Survey. Once again, the Treasury yield rose, signaling that mortgage rates could continue their upward climb. “After holding steady last week, rates ticked up this week,” Freddie Mac Chief Economist Sean Becketti said. “The 10-year Treasury yield rose […]

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Freddie Mac Prices Last Planned High LTV Deal of the Year | news … – SYS

MCLEAN, VA — (Marketwired) — 10/11/17 — Freddie Mac (OTCQB: FMCC) today priced a $600 million Structured Agency Credit Risk (STACR®) debt notes offering, the third and last planned high LTV deal of the year. Through STACR, its flagship credit risk transfer (CRT) offering, Freddie Mac transfers a portion of its mortgage credit risk on […]

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A financial health fintech has partnered with Freddie Mac

BI Intelligence See Also This story was delivered to BI Intelligence “Fintech Briefing” subscribers. To learn more and subscribe, please click here. Freddie Mac, a US government agency that funds mortgages for lenders, has partnered EarnUp, a fintech that helps borrowers repay their loans on time. Under the partnership, Freddie Mac will distribute EarnUp’s services to low-income consumers […]

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