Tag Archives: Freddie Mac

Examining the evolution of mortgage underwriting and how Freddie Mac Loan Product Advisor acceptance of direct deposit data can enable digitization through open banking.   

Longtime analyst and economist passes away suddenly, having dedicated 40-plus years to the industry.

With rates still above the 5% mark, mortgage application volume fell for the fourth time in five weeks, hitting a low last seen in December of 2018.

New automated underwriting capabilities such as verification of assets, income, and employment using borrower-approved bank account data increases efficiency and reduces risk.

A slight drop in mortgage rates may be a sign of market normalization, but lingering economic instability and inflationary issues remain hurdles that prospective buyers are still unable to overcome.

Consistently rising mortgage rates are forcing many refi borrowers to reconsider, as refinance activity is down 66% year-over-year according to the MBA.

U.S. Senate confirms Thompson to formally lead supervision, regulation, and oversight of the GSEs and the Federal Home Loan Bank System.

A rise in mortgage rates over the 5% mark, and an increase in prices has impacted April buyer activity, as buyers wait for the market to show signs of stability.

After weeks of rising mortgage rates, continued economic unpredictability has driven rates down slightly this week, as homebuilder sentiment hit its lowest level in 24 months.

With interest by prospective buyers waning, mortgage application volume fell 11% week-over-week, as economic volatility has forced some households to delay their home search.