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Rates rise

Average mortgage rates jump on encouraging economic news

Strong economic trends like an improved employment outlook and rising homebuilder sentiment helped to drive average mortgage rates up 12 basis points from...
Originations

Fannie Mae bumps its 2019 origination estimate up another notch

Single-family mortgage production this year is expected to be 3% higher than anticipated last month, according to Fannie Mae, which revised its estimates...
Freddie Mac

Freddie using REMIC format for $589M CRT offering

Freddie Mac is now on board the REMIC train.A year after Fannie Mae launched its first credit-risk transfer securitization using a real estate...
Freddie Mac extends Servicing Gateway deadline, adds chargeoff rules

Freddie Mac extends Servicing Gateway deadline, adds chargeoff rules

Freddie Mac is postponing the date it will make using its Servicing Gateway platform mandatory, and adding new requirements related to chargeoffs and...
Rates slip

Average mortgage rates decrease following weak services data report

Weaker-than-expected economic data led to a decline in mortgage rates this week, although consumer attitudes remain strong, and should continue to drive increased...
David Lowman is executive vice president of Freddie Mac's single-family business.

Freddie Mac’s single-family business leader to step down

David Lowman, executive vice president of the single-family business at Freddie Mac, has informed the company he will be stepping down from his...
Freddie Mac

Fannie and Freddie get to keep their earnings. Now what?

WASHINGTON — The recent announcement that Fannie Mae and Freddie Mac will be allowed to keep profits for the first time since 2012...
Rates hold steady

Slowing economy likely to keep average mortgage rates low

Economic issues were the biggest influence on average mortgage rates in the past week, although two trackers moved in different directions. 30-Year FRM...
Can Freddie Mac's embrace of AI pull the industry along?

Can Freddie Mac’s embrace of AI pull the industry along?

Freddie Mac's foray into artificial intelligence may be a significant turning point in broadening the use of the technology. Until recently, most of...
Christopher Whalen

Trump’s housing plan attacks the FHA mortgage market

Most of the attention of financial markets and policy makers has been focused on the Trump administration's plans for Fannie Mae and Freddie...

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Supreme court to take on CFPB constitutionality case – HousingWire

Supreme court to take on CFPB constitutionality case – HousingWire

The Supreme Court announced Friday it will take on the case challenging the constitutionality of the Consumer Financial Protection Bureau’s leadership.Back in 2017,...
SoftKraft

An Apache Spark Application For Big Data Processing In A Real Estate Market Software...

High-volume data streams and a great number of reports for the real estate market was what we were confronted with on one of...
Andrew Deiganan

Director of Operations Joins Fintech Startup LenderClose

Andrew Deiganan Des Moines fintech startup company LenderClose has welcomed Andrew Deignan as Director of Operations. Deignan will manage the Operations and Vendor Relationships...
Fannie Mae Announces Non-Performing Loan Sale Results

The Bright Side of Residential Investment

Residential fixed investment and continued strong consumer spending are expected to help counteract weakness in business fixed investment, according to the latest commentary...

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