Posts Tagged Mortgages


Freddie Mac Settles Largest SCRT Deal To Date

MCLEAN, VA–(Marketwired – Aug 11, 2017) – Freddie Mac (OTCQB: FMCC) today announced 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. The SCRT securitization program is a key part of Freddie Mac’s seasoned loan offerings to reduce […]

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On immigration and housing

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Newsmakers: Hires, promotions in Palm Beach County business

ARCHITECTURE JMorton Planning and Landscape Architecture has hired David Wood as a planner in the firm’s Palm Beach Gardens office. He formerly was a planner for West Florida Regional Planning Council. He received his bachelor’s degree in urban and regional planning from Michigan State University. COMMUNITY SERVICE Cancer Alliance of Help Hope, located in Palm […]

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Already-low homeownership rates of Twin Cities minorities fall further

Like many first-time home buyers, Akisha Everett of Minneapolis spent months shopping for a house and being outbid by others. “I am holding my breath until I get the keys in my hand,” Everett said in the middle of the hunt. As a black woman, making a winning offer wouldn’t be her only victory. The […]

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Fannie and Freddie are quietly unloading more mortgage risk to bondholders

FHFA Director Melvin Watt Fannie Mae and Freddie Mac have built a trillion-dollar business insuring mortgages. But increasingly they are doing something entirely different: selling off mortgage-backed securities without any guarantee that the two firms will pay in the event of a default. Sales of these so-called credit-risk transfers are expected to reach a record […]

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Freddie Mac Names Stacey Goodman CIO

View the discussion thread.

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Freddie Mac extends appraisal-free mortgage program to purchase loans

Freddie Mac announced Friday it is making buying a home a better experience for lender and homebuyers – by cutting the appraiser out of the process. The company is now offering a new product which will cut the appraisal process out of qualified home purchases and refinances. This could save borrowers an estimated $500 in […]

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Agents and brokers: Weigh in on ‘MLS of Choice’ while you can

Alright, agents and brokers, now’s your chance: If you have an opinion on whether MLSs can require you to pay for their service even if you don’t want it, it’s time to say your piece before it’s too late. An advisory board of the National Association of Realtors (NAR) is meeting August 28 and 29 […]

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How to nail the real estate post-close follow-up process

You found your buyers the perfect house and helped them write a winning offer. You held their hand through the inspection and appraisal and getting that earnest money check from point A to point B; you were there when they signed their names a hundred times over at the closing table, and you handed them […]

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The future of NAR: Action will be the measure, not words

I just spent a few days in Chicago with the National Association of Realtors. During my travel, I thoroughly enjoyed Brad Inman’s description of our “fat cat (leadership) gathering.” As I dined on velvety cream cheese airline crackers aboard the luxury Orange Line into town, I thought about how thrilling it was. I was in […]

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