Posts Tagged Freddie mac


Tom Kelly: Condo financing taking dead aim on renters – The Spokesman

The rising cost and scarcity of undeveloped land will continue to change how and where we live. What we have long thought of as alternative housing is getting more consideration in many conventional neighborhoods. Traditional East Coast co-op apartments and more rural-based cohousing communities are sprouting up in common suburban environments. Developers now are promoting […]

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Fix for Mortgage Giants Fannie Mae, Freddie Mac Remains on Back Burner

Mortgage-finance giants Fannie Mae and Freddie Mac, which have been under government control since the financial crisis, don’t appear to be getting a new life as quickly as some had hoped might happen under a Trump presidency. Continue Reading Below Overhauling the two companies remains a back-burner issue for the Trump administration and Congress, crowded […]

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Freddie Mac Tackling Senior Housing Needs

The United States Census Bureau reported that in 2029, more than 20 percent of the total U.S. population will be over the age of 65—that’s why part of Freddie Mac’s mission is addressing the impending issue of senior housing. The aging baby boomer population is going to cause a doubling of individuals between 65 and […]

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Freddie Mac to halt evictions, foreclosures in Harvey, Irma: impacted areas

(Reuters) – Freddie Mac (FMCC.PK) said on Wednesday it will suspend sales of foreclosed homes until year-end and will stop until further notice evictions of homeowners in eligible areas devastated by Hurricanes Harvey and Irma. The U.S. mortgage finance agency said it is working with loan servicers to ensure that no property inspection costs resulting […]

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Freddie Mac: Mortgage rates could begin to rise soon

Mortgage rates held steady this week, however they could be about to rise once again, according to the latest Primary Mortgage Market Survey from Freddie Mac. “Following a sharp decline last week, the 10-year Treasury yield rose 11 basis points this week,” Freddie Mac Chief Economist Sean Becketti said. “The 30-year mortgage rate, however, remained […]

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Freddie Mac Prices $550 Million Multifamily K-Deal Backed by Sky Apartments, Largest Residential Tower in US

MCLEAN, VA, Sep 12, 2017 (Marketwired via COMTEX) — MCLEAN, VA–(Marketwired – Sep 12, 2017) – Freddie Mac (otcqb:FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) backed by floating-rate multifamily mortgage bonds with a ten-year term. The $550 million in K Certificates (K-SKY Certificates) is backed by Sky Apartments in New […]

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Fannie Mae, Freddie Mac cut mortgage modification interest rate to lowest level of 2017

For the third time this year, Fannie Mae and Freddie Mac are lowering the benchmark interest rate for standard mortgage modifications. And unlike last time, both of the government-sponsored enterprises are changing their respective benchmark rates at the same time. Back in July, Fannie Mae announced it was cutting its benchmark interest rate for standard mortgage modifications, […]

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Freddie Mac Forgoes Issuing a Reference Notes Security on its September 14, 2017 Announcement Date

MCLEAN, VA, Sep 14, 2017 (Marketwired via COMTEX) — MCLEAN, VA–(Marketwired – Sep 14, 2017) –  Freddie Mac (otcqb:FMCC) announced today that it will forgo issuing a Reference Notes® security on its September 14, 2017 announcement date. The company’s 2017 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes […]

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Freddie Mac Unveils its HARP Replacement Loan

Last year Freddie Mac and Fannie Mae announced that their implementation of the Home Affordable Refinance Program (HARP) would continue through the end of 2018 and that both were developing a new high loan-to-value (LTV) refinance offering to be available once HARP did expire.  Freddie Mac has now provided information on its new high LTV […]

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Fannie Mae joins Freddie Mac in allowing appraisal-free purchase mortgages

by Rincey Abraham September 11, 2017 Fannie Mae has followed Freddie Mac’s lead in providing an appraisal-free mortgage program, which is available immediately. The program is only available to a specific group of approved mortgages. This will allow lenders to offer better efficiency and cost savings for both lenders and borrowers, but buyers still have […]

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