Freddie Mac servicers will have to transition from the monthly foreclosure reporting cycle of its old EDR system to a “near real-time” system based on key events.

In today’s gig economy, sometimes the hardest job for a lender is figuring out how to calculate a borrower’s income.

FHFA greenlights the use of actual cash value insurance to cover the roofs of condos; all other elements of the project will still require replacement value policies, though.