Mortgage lock desks using Optimal Blue’s pricing system can now submit eligible best-efforts commitments to Fannie Mae without entering the loan again in the agency’s separate whole-loan portal, the company announced Monday. The connection links Optimal...
Mizuho downgraded Fannie Mae and Freddie Mac on Monday, cutting its price targets roughly in half as the investment bank lowered its expectations that the two mortgage-finance companies will emerge from federal conservatorship by 2028.Analyst Dan Dolev and colleagues...
U.S. single-family home prices continued to rise in the third quarter, with Fannie Mae’s national index showing a 3.4% increase from a year earlier and a pickup in quarterly growth. The Fannie Mae Home Price Index rose 0.9% from the second quarter on a seasonally...
Fannie Mae is giving mortgage lenders more flexibility in how they verify a borrower’s employment, removing prescribed verbal-verification methods while keeping the underlying requirement that qualifying employment be confirmed. The change is part of Announcement...
The Federal Housing Finance Agency is preparing to direct Fannie Mae and Freddie Mac to require mortgage lenders to pull credit data from two of the three national credit bureaus instead of all three, according to a person familiar with the plans cited by Bloomberg...
Barings Buys $66.2 Million Orange County Retail Center as Grocery-Anchored …
