Back in August, LoanLogics announced it was the technology provider behind the Freddie Automated Servicing Transfer (FASTSM) tool, helping Freddie Mac streamline its Cash-Released…
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August 21, 2019
URLA Re-Design and ULAD…Ready When You Are
As a part of the overall standardization efforts of the government sponsored enterprise (GSEs) Fannie Mae and Freddie Mac as directed by their regulator,…
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August 15, 2019
How Automation Helps Servicers Capitalize on MSR Transfers
Driven by several economic factors, lenders who held mortgage servicing rights (MSR) in their portfolio in 2018 saw more profitability than those without, according…
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October 26, 2017
Freddie Getting a Little Picky on Student Loan Debt
In a mortgage world of eased credit standards, Freddie Mac is tweaking how they will treat an applicant’s student loan debt. Today when an…
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August 24, 2017
Appraisers Beware! Freddie Goes One Step Further
Freddie announced that they have received approval to move forward with their plans to waive a lender’s requirement to obtain and submit a full…
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July 31, 2017
Freddie Closes the Door on “1% Down Loans”
Not too long ago, the rage was all about loans being offered by various lenders with a minimum of a 1% down payment coming…
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July 24, 2017
Fannie Expands the Credit Box Again
Fannie Mae announced that they are expanding their DU credit box to accept/approve mortgage loans up to 50% total DTI (Debt to Income) ratio,…
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November 17, 2016
Freddie Announces Appraisal Free Mortgages
While Fannie Mae is talking about relieving lenders from some reps and warranties surrounding appraisals, Freddie is announced that it is doing away with…
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November 4, 2016
Mortgage Financing: Is the Government Infringing on the Private Sector
With the crash of 2008, the federal government took over the largest purchasers of conventional mortgage loans in this country; Fannie Mae and Freddie…
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March 9, 2016
Three Years and “Counting” – How Do You Spell Relief?
Freddie Mac, in a recently published Single-Family Update, has reminded everyone that it has now been three years since they implemented the Selling…
