MISMO®, the mortgage industry’s standards organization, today announced a call for industry experts to participate in a working group to enable the digitization of closing instructions. The Closing Instructions Development Workgroup completed, and MISMO released, Master and Transactional Closing
Just recently, statistics have been released showing the lowest foreclosure rate in history for the first half of this year, according to ATTOM Data Solutions. How can that be true during a deep recession? These low foreclosure rates
Homeowners across the country have been inspired to roll up their sleeves and jump into home improvement
Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates that are backed by multifamily loans sold to a third party and securitized by Freddie Mac. The company expects to issue approximately
The delinquency rate for mortgage loans on one-to-four-unit residential properties increased to a seasonally adjusted rate of 8.22 percent of all loans outstanding at the end of the second quarter of 2020, according to the Mortgage Bankers Association’s (MBA) National
The Mortgage Bankers Association’s (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 23 basis points from 7.44% of servicers’ portfolio volume in the prior week to 7.21% as of August 9,
The national median home price
Freddie Mac (OTCQB: FMCC) announces the pricing of the SB77 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to issue
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.96 percent.
“Homebuyer demand remains strong, especially for those in
