by notesyndication.com | Oct 28, 2020 | Financial literacy, Mortgage Industry, Note Industry, Real Estate Industry
By Brian Honea Freddie Mac‘s total mortgage portfolio expanded at an annualized rate of 2.8 percent in June, marking the fifth consecutive month and the 10th time in the last 12 months the portfolio has grown, according to Freddie Mac’s June 2015 Monthly Volume...
by notesyndication.com | Oct 28, 2020 | Financial literacy, Mortgage Industry, Note Industry, Real Estate Industry
By Brian Honea As they promised earlier this year, Fannie Mae andFreddie Mac have intensified their efforts in the last few months to rid their single-family residential mortgage portfolios of deeply delinquent, non-performing loans (NPLs). On Thursday, Freddie Mac...
by notesyndication.com | Oct 28, 2020 | Financial literacy, Mortgage Industry, Note Industry, Real Estate Industry
By Brian Honea Freddie Mac announced on Wednesday its largest sale ever of deeply delinquent, non-performing loans from its mortgage investment portfolio, consisting of 5,208 loans serviced by Ocwen Financial with an unpaid principal balance (UPB) of approximately...
by notesyndication.com | Oct 28, 2020 | Financial literacy, Mortgage Industry, Note Industry, Real Estate Industry
Fannie Mae has announced its third sale of non-performing single-family mortgage loans (NPLs), this time in three pools totaling about $1.2 billion in unpaid principal balance (UPB). The three pools are comprised of approximately 7,000 loans combined. The...
by notesyndication.com | Oct 28, 2020 | Financial literacy, Mortgage Industry, Note Industry, Real Estate Industry
Urban Institute reported earlier this month that the mortgage-related investment portfolios for bothFannie Mae and Freddie Mac continue to contract and were both well below their 2015 portfolio cap as of the end of November. Whereas Freddie Mac’s mortgage-related...