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Borrowers inching back into Cash-Out Refinancing

by devteam May 1st, 2015

The first quarter of 2015 was the third in a row that more than half of the refinances funded through Freddie Mac were cash out transactions. The company said that 27 percent of its refinancing loans were cash out compared to 27 and 28 percent in the

Severe Economic Downturn could Trigger GSE Bailout

by devteam May 1st, 2015

The Federal Housing Finance Agency reports that the two government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac might together require government assistance of as much as $157.3 billion in the event of an extremely severe economic downturn

MERS, a Blast from the Past

by devteam May 1st, 2015

Remember 2010-2011 and the daily revelations about robosigning ? Behind the shortcuts taken by servicers in processing foreclosure documents (sometimes even employing forgery) was their policy of recording mortgages and notes in the name of Mortgage Electronic

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