Tag Archives: Freddie Mac

Employment numbers and current mortgage payments among buyers are driving the health of the housing markets across the U.S., according to Freddie Mac's Multi-Indicator Market Index (MiMi).

After months of contraction, mortgage-related investments pick up the pace.

Mortgage rates have only headed one direction since the Fed's decision in December to raise rates by 0.25 percent. Freddie Mac says the falling rates reflect the tumultuous global economy and weak inflation.

Freddie Mac has dropped its lawsuit against Deloitte & Touche that accused the accounting firm of negligence regarding the auditing of certain mortgage loans the GSE purchased from now-defunct mortgage lender Taylor Bean & Whitaker.

Freddie Mac and the Lenders One Mortgage Cooperative recently partnered to help mortgage bankers boost their business in 2016.

In December, during their final meeting of the year, the Federal Open Market Committee decided to raise the federal funds rate. Since then, the mortgage industry has been anticipating the effect this will have on the housing market, but so far, that effect has been little to none.

In a surprising twist of events, mortgage rates are kicking off the New Year under 4 percent, even after the Federal Reserve's decision to raise rates in December.

U.S. housing markets continue to show improvement, and much of that credit is due to consumers maintaining their mortgages and a better overall employment picture.

Prior to these additions, the data available to investors remained limited to loan level data and loss data on 30-year, fixed-rate single-family loans.

The government-sponsored enterprise expects 2016 to bring a ‘Jekyll and Hyde’ mentality to housing, despite the expected, negative influence of rising interest rates throughout the year.