Lending Fraud Could Wreck Economy – Again
Mortgage Ledger Staff2020-12-04T13:53:30-05:00
AUSTIN, Texas — Much has changed in the U.S. financial system since the
Freddie Mac Prices $1.3 Billion Multifamily K-Deal, K-121
Mortgage Ledger Staff2020-12-04T13:16:55-05:00Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages
What is Mortgage Insurance?
Mortgage Ledger Staff2020-12-04T13:17:58-05:00Mortgage insurance is offered by either the government or private insurance companies to enable lenders to offer smaller down payments on loans. Before mortgage insurance existed, many had to pay a minimum of 20% down to purchase a
Millennials Divided by Age on Loan Preferences According to Ellie Mae Millennial Tracker
Mortgage Ledger Staff2020-12-04T13:02:53-05:00FHA loan interest rates continued to decrease to historic lows in October, spurring millennials to take advantage of the government-backed home financing option, according to the latest Ellie Mae Millennial Tracker™. Sixteen percent of home loans closed
Migrants Likely Helped Flip Georgia Blue, With 50,000 More People Moving Into the State Than Out Last Year
Mortgage Ledger Staff2020-12-03T13:57:21-05:00Georgia had the sixth-biggest net inflow of any state in 2019, and affordable Atlanta is perennially one of the most popular destinations for Redfin.com users leaving expensive coastal areas.
People moving to the Atlanta area from
Mortgage Rates Reach Another Record Low
Mortgage Ledger Staff2020-12-03T13:54:31-05:00Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.71 percent, the lowest rate in the survey’s history
IMB Production Profits Increase in Third Quarter of 2020
Mortgage Ledger Staff2020-12-03T13:48:47-05:00Independent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks reported a net gain of $5,535 on each loan they originated in the third quarter of 2020, up from a reported gain of $4,548 per loan in the second quarter
Realtor.com® 2021 Housing Forecast: Sellers Will Get Top Dollar As Buyers Struggle with Affordability
Mortgage Ledger Staff2020-12-02T13:05:30-05:00– Home prices will reach new highs in 2021 as growth continues, but at a slower pace
– The number of homes for sale will slowly rebound, offering buyers some relief
– Home sales will continue
Freddie Mac Announces Issuance of New Three-Year Reference Notes Security
Mortgage Ledger Staff2020-12-02T13:01:51-05:00Freddie Mac (OTCQB:FMCC) announced today that it plans to issue a new three-year USD Reference Notes® security, CUSIP number 3137EAFA2, due on December 4, 2023. The issue will settle on Friday, December 4, 2020, at benchmark size.
The new Reference Notes
