What is a conforming loan? Conforming loans are mortgages that are eligible for purchase by Fannie Mae or Freddie Mac. Here's what that means for you. Conforming loans adhere to qualifying ...
Freddie Mac’s technology advancements include LPA Choice, offering detailed feedback on debt-to-income ratios and reserves, enabling lenders to convert more loans from cautionary to acceptable ...
The prospect of both megalenders being released from conservatorship and the downgrading of each firm's respective stock are ...
Freddie Mac’s average rate on a 30-year fixed-rate loan was 6.95% for the week ending January 30, virtually unchanged from a ...
“The result is empowering lenders to originate more loans eligible for sale to Freddie Mac without changing their workflow. We’re also arming lenders with more detailed information around ...
Treasury Secretary Scott Bessent said that any release of the two giant government-sponsored enterprises, Fannie Mae and Freddie Mac, from their current conservatorship would depend on the ...
Scott Turner, the newly confirmed head of the Department of Housing and Urban Development, or HUD, plans to lead a ...
MCLEAN, Va., Jan. 13, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today is reminding homeowners and mortgage servicers of its immediate relief options for those affected by the tragic ...