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GSEs Cut Lenders a Big, Retroactive Break on Reps and Warrants
Fannie Mae and Freddie Mac have nailed down the promised details the life-of-loan exclusions related to their representation and warranty framework. Under the direction of the Federal Housing Finance Agency (FHFA) the two government sponsored enterprises
Natural Disasters are now Measurable Default Risks
Growing numbers of severe weather events throughout the U.S. may be giving new meaning to "location, location, location" in the housing world. CoreLogic senior economist Kathryn Dobbyn writes in the company's blog "housing Pulse" that the $8 billion in
Major Updates on Mortgage Market's Future from FHFA's Watt
Melvin L. Watt, Director of the Federal Housing Finance Agency (FHFA) told the Senate Banking Committee today that Freddie Mac and Fannie Mae (the GSEs) will soon announce they will begin purchasing loans with downpayments of 3 or 5 percent , similar
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...