Refinance

FHFA Releases Latest Mortgage Relief Numbers

The Federal Housing Finance Agency (FHFA) Thursday released its Q2 Foreclosure Prevention and Refinance Report. The report shows Fannie Mae and Freddie Mac, since the 2008 start of conservatorship, completed 252,014 foreclosure prevention actions. Overall, that brings the number of “troubled homeowners who have been helped” to 4.68 million, FHFA reported. The Agency said that … The post FHFA Releases …

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Reaction to Fannie and Freddie’s New Refinancing Fee

GSEs Fannie Mae and Freddie Mac announced last week that they are raising fees for lenders on all mortgage refinances by 0.5%, an effort, the enterprises say, to protect themselves from losses on their refinanced mortgages given today’s pandemic-related low interest rates. “As a result of risk management and loss forecasting precipitated by COVID-19 related economic and … The post Reaction to …

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The State of Housing in Q3

A recent recap of Q3 2019 found that homebuyers were “sailing calm waters” with lower rates and slowing home price appreciation. The post The State of Housing in Q3 appeared first on theMReport.com.

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