US Stocks Close Mostly Higher Thursday

US Stocks Close Mostly Higher Thursday

Freddie Mac released its weekly mortgage market survey. The 30-year fixed-rate mortgage averaged 2.71%, down from 2.72%. The 15-year fixed-rate
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Why is Fannie Mae abandoning a practice that shields it from risk?

… for Fannie and Freddie Mac by their regulator, the Federal Housing Finance Agency, … Even Freddie argued that the FHFA should rethink the policy.
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Over 80% of Forbearance Plans are Being Extended

The number of GSE (Fannie Mae and Freddie Mac) loans in forbearance dropped by 25,000 during the week, leaving a total of 967,000 homeowners
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Gryphon USA Reacts to Foreclosure Moratorium Extension

4, 2020 /PRNewswire/ — The Federal Housing Finance Agency's decision to have Fannie Mae and Freddie Mac extend a freeze on foreclosures of
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MHN's November 2020 Must-Reads

… next administration is likely to tackle residential issues, while also looking at what Joe Biden's victory could mean for Fannie Mae and Freddie Mac.
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Lument provides $21.5M in Freddie Mac financing for affordable housing in El Paso

Lument provided a $21.5 million Freddie Mac unfunded forward commitment loan to facilitate the substantial renovation of Jackie Robinson Memorial
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Ready Capital (RC) Receives a Buy from Raymond James

… GMFS, LLC originates residential mortgage loans eligible to be purchased, guaranteed or insured by Fannie Mae, Freddie Mac, FHA, USDA and VA
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