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9 May 2012 - 14:02, by , in news, No comments
MCLEAN, Va., May 8, 2012 /PRNewswire/ — Freddie Mac (OTC: FMCC) today released the results of its first quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house. According to the release: In the first quarter of 2012, 79 percent of homeowners who refinanced their first-lien home mortgage either maintained about the...
4 May 2012 - 14:36, by , in news, No comments
Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates finding new all-time record lows continuing to help keep homebuyer affordability high. The 30-year fixed averaged 3.84 percent, down from its previous all-time record low of 3.87 percent last registered on February 9, 2012. The...
30 April 2012 - 14:06, by , in House To House, No comments
The National Association of Realtors® and the Arkansas Realtors® Association applaud the Federal Housing Finance Agency for issuing new guidance requiring servicers of Fannie Mae and Freddie Mac loans to speed responses to short sale requests. The guidelines would require servicers to acknowledge receipt of short sale purchase offers within three business days; respond to...
18 April 2012 - 14:00, by , in news, No comments
Servicers to Provide Weekly Updates When Decisions Take More Than 30 Days MCLEAN, Va., April 17, 2012 /PRNewswire/ — In an effort to make the short sale process more transparent, Freddie Mac (OTC: FMCC) is updating its timelines and also requiring servicers to provide weekly updates when decisions take more than 30 days after the...