Fannie Mae and Freddie Mac have made a standardized property data report mandatory for vendors that collect property information in eligible mortgage transactions, replacing the assortment of report layouts that lenders previously had to accommodate. In a joint...
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...
The average U.S. 30-year fixed mortgage rate climbed to 7.40% this week, its highest reading since November 2023, extending a seven-week rise that has sharply increased borrowing costs for homebuyers and narrowed refinancing opportunities for homeowners. Freddie Mac...
Freddie Mac has named buyers for four pools of deeply delinquent home mortgages with approximately $428 million in unpaid principal, advancing a loan sale it began marketing in September. The auction covers 1,968 first-lien loans. The transaction is expected to settle...
Freddie Mac has changed the executive overseeing risk across the government-sponsored enterprise, ending Anil Hinduja’s employment and moving longtime capital-markets executive John Glessner into the chief risk officer job. Hinduja’s employment ended effective Oct. 1,...
Barings Buys $66.2 Million Orange County Retail Center as Grocery-Anchored …
