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  1. Jun 11, 2024 · This is because conventional loans need to conform to Fannie Mae and/or Freddie Mac agency guidelines in order for the two giant Government Sponsored Enterprises (GSE) to purchase mortgages. The two GSEs only buy mortgages that conform to their guidelines. Any mortgages that do not meet Fannie/Freddie Guidelines are called non-conforming loans.

  2. 1 day ago · 1 All figures are estimates based on Freddie Mac's unaudited internal reports and are subject to change. Totals may not recalculate due to rounding. 2 All figures represent face amounts in USD. These figures could differ significantly from proceeds, amortized principal amount and book value figures, particularly for zero-coupon securities.

  3. Jun 13, 2024 · Freddie Mac has recently announced in Bulletin 2024-7 an update to the Freddie Mac Single-Family Seller/Servicer Guide (Guide) that specifically addresses builder forward commitments. In particular, the sections of the Guide that address limitations and requirements applicable to interested party contributions have been updated to provide that when a builder, prior to entering into a contract ...

  4. Jun 24, 2024 · By Candyd Mendoza - 24 Jun 2024. The Federal Housing Finance Agency (FHFA) has granted Freddie Mac conditional approval to run a pilot program to purchase certain closed-end second mortgages on single-family homes. This is the first time either Freddie Mac or Fannie Mae has proposed a new product under a more transparent public review process ...

  5. 2 days ago · Fannie Mae, Freddie Mac, and HUD/FHA, are securitized lenders that solely offer non-recourse financing. They shop rates from Wall Street Bond shops daily to get the lowest spread over the corresponding treasury yield. The all in rate is based on an index plus a spread.

  6. Jun 5, 2024 · In response to Seller requests, we have updated Section 4502.10 to allow sale of Community Land Trust Mortgage s to Freddie Mac without review of the additional ground lease requirements in Section 4502.10(a)(ii), if the Community Land Trust is included in the “Shared Eq – Model Forms” tab at Fannie Mae’s Certified Shared Equity Program List (opens in new window).

  7. Jun 6, 2024 · Cyndi Danko. Senior Vice President and Single-Family Chief Credit Officer, Fannie Mae. Terri Merlino. Single-Family Senior Vice President and Chief Credit Officer, Freddie Mac. As disasters continue to increase in frequency and severity, and certain markets face availability concerns, it is important to ensure lenders and servicers have a clear ...

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