One trend that appears to be gaining momentum is the increased use of call centers and loan officers working at such shops who are compensated at lower commission rates…
Lenders reported a moderate net easing of credit standards across all loan types over the past three months, according to Fannie Mae’s second quarter 2016 Mortgage Lender Sentiment Survey released this week.
A key judicial review panel recently said the Federal Housing Finance Agency’s March bid to consolidate all the Fannie Mae and Freddie Mac shareholder lawsuits and transfer them to one court was “inappropriate” and rejected the government’s request.
Fannie Mae and Freddie Mac produced $73.23 billion of single-family mortgage-backed securities in May, a solid 6.3 percent increase from April, according to a new ranking and analysis by Inside The GSEs.