Category: Freddie Mac

Fannie Mae, Freddie Mac Announce Moratorium On Evictions for Foreclosed Properties

Author: Brian Honea December 9, 2014 Fannie Mae and Freddie Mac announced on Tuesday a moratorium on evictions for single-family foreclosed homes for the holiday season. The GSEs said evictions will not be enforced from December 17, 2014, until January 2, 2015, for single-family homes that have been foreclosed on, meaning that families living in […]

FHFA Adopts New Plan Under Director Watt; Won’t Reduce GSE Market Share

DSNews   BY: Krista Franks Brock   May 14, 2014 In a speaking engagement at the Brookings Institution, Federal Housing Finance Agency (FHFA) Director Melvin L. Watt spoke about his new 2014 Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac, highlighting a few major changes to the plan. Notably Watt’s plan removes any intention to reduce the GSEs’ […]

Housing Recovery Unmoved by Rising Interest Rates

DSNews     BY:  KRISTA FRANKS-BROCK   January 23, 2014 Mortgage rates may be rising, but the housing market doesn’t seem to mind. In fact, several indicators have improved alongside rising rates, according to the HousingPulse Tracking Survey released by Campbell Surveys and Inside Mortgage Finance this week. The lending atmosphere is becoming friendlier, especially to first-time buyers. Simultaneously, the average […]

Wells Fargo, SunTrust Reach Repurchase Agreement with Freddie Mac

DSNews – By TORY BARRINGER, 10/4/2013 Two more companies are in the clear with Freddie Macfollowing agreements on claims related to loans that went south after they were sold to the GSE. Wells Fargo and SunTrust Mortgage are the two most recent companies to settle over claims regarding representations and warranties on single-family loans sold to the GSE. It was announced at the […]