Federal Home Loan Mortgage Corporation

Freddie Mac has been a trailblazer when it comes to affordable multifamily housing, delivering record numbers and leading the nation as the top multifamily financier in each of the last three years. David Leopold is at the forefront of Freddie's presence in the affordable housing space, which accounted for ...

VRMTG ACQ, LLC, a minority woman-owned business, is the winning bidder on a pool of 113 deeply delinquent non-performing loans (NPLs) recently auctioned by Freddie Mac. The loans, which are currently being serviced by New Penn Financial, LLC d/b/a Shellpoint Mortgage Servicing, have been ...

In 2017, Freddie Mac introduced its new automated collateral evaluation solution, an enhancement within the company's Loan Advisor Suite's Loan ... Through ACE, Freddie Mac leverages big data and advanced analytics and enables lenders to originate a loan without a traditional appraisal and with ...

Mortgage rates were more or less flat again during the week ended March 29, with the average rate for a 30-year fixed rate mortgage at 4.44%, down slightly from 4.45% the previous week, according to Freddie Mac's Primary Mortgage Market Survey. A year ago at this time, the 30-year FRM averaged ...

Home prices increased 37% since 2009, and 7% since last year, Freddie Mac pointed out in its report. Homeowner equity increased to about $14.4 trillion in the fourth quarter, and homeowners with mortgages hold nearly $5.4 trillion collectively in equity available to borrow against, according to Black ...

Freddie Mac has begun offering an alternative to appraisals on certain types of purchase and refinance loans, moving to match their counterparts at Fannie Mae. This is great for clients because it means there's one less hurdle to worry about when looking to purchase or refinance a home. Fewer hurdles ...

“While existing home sales may struggle to top their best-in-over-a-decade 2017 performance, new home sales should provide enough growth to push total home sales in the U.S. modestly higher in 2018,” said Len Kiefer, Freddie Mac deputy chief economist. “Housing construction continues to lag demand ...

Fannie Mae and Freddie Mac's recent request for a bailout from the U.S. Treasury (read American taxpayers) has brought back into the public's eye the unresolved legal status of these two government sponsored enterprises. In this debate, the assumption is that the GSEs, or some replacement entities ...

Freddie Mac is delaying updates to the Uniform Loan Delivery Dataset that lenders use to submit information on mortgages they sell to the agency. Lenders were originally going to have the option to begin delivering the updated ULDD file on Feb. 26. Now, they can begin using the new format on March 5.

Freddie Mac's focus for these NPL sales is to reduce less liquid assets from the company's mortgage investments portfolio. So far, the company sold a total of $7 billion in NPLs, securitized $27 billion in re-performing loans through fully guaranteed PCs and transacted $9 billion in RPLs through senior/sub ...

“Treasury yields fell from a week ago helping to drive mortgage rates modestly lower,” said Len Kiefer, Freddie Mac deputy chief economist. “The yield on the 10-year Treasury dipped below 2.8% for the first time since early February of this year. The decline in Treasury yields comes as investors move into ...

Huang also worked at Lehman Brothers, Credit Suisse and Freddie Mac. According to the firm's website, the company “seeks to generate long-term returns in securitized products, distressed credit and whole loans.” The firm's current investment focus is “distressed U.S. residential non-performing loans.”.