Fannie Mae and Freddie Mac recently completed a survey with appraisal-industry stakeholders regarding their impending updates to the Uniform Appraisal Dataset (UAD) and redesigned appraisal forms as part of the Uniform Mortgage Data Program® (UMDP®).
Read MoreTopics: Freddie MAC, GSE, Fannie Mae, Lenders, appraisal technology, Appraisers, AMCs, Mortgage Companies, Compliance, UAD, Uniform Appraisal Dataset, appraisal forms, UMDP
Freddie Mac recently announced that its January Forecast showed a steady housing market after a boost from lower mortgage rates and slowing home price growth.
Read MoreTopics: Freddie MAC, GSE, Lenders, Appraisers, AMCs, Mortgage Companies, residential mortgage industry, Credit Union
Freddie Mac recently announced that it has expanded its Home Possible® sweat equity program, which will now allow certain borrowers to utilize their construction skills in order to help cover an entire down payment and all closing costs when purchasing a home.
Read MoreTopics: Freddie MAC, GSE, Lenders, Mortgage Companies, Compliance, residential mortgage industry, Credit Union
On November 30th, Freddie Mac announced that its new CHOICEHomeSM program will begin allowing conventional financing for manufactured homes in an attempt to both increase the availability of affordable housing and to provide innovative financing options.
Read MoreTopics: Freddie MAC, GSE, Lenders, Mortgage Companies, Compliance, residential mortgage industry, Credit Union
Mortgage News Daily recently reported that Freddie Mac’s Economic and Housing Research Group has issued its October Forecast, which includes predictions into 2020.
Read MoreTopics: Freddie MAC, GSE, Lenders, Appraisers, AMCs, Mortgage Companies, residential mortgage industry, Credit Union
The FHFA, Fannie Mae, and Freddie Mac (in collaboration with industry, consumer, and government partners) recently announced that they have launched a centralized clearinghouse known as Mortgage Translations, which consists of an easy-to-use collection of translated documents and tools that will assist lenders and other industry participants in helping borrowers with limited English proficiency (LEP).
Read MoreTopics: Freddie MAC, GSE, Fannie Mae, servicers, Lenders, Mortgage Companies, residential mortgage industry, Credit Union
Global Kinex® is Global DMS’ automated technology solution for seamlessly delivering appraisals to both the UCDP® and EAD portal. In addition to its automation capabilities, another unique feature of Global Kinex is that it can be implemented as a stand-alone solution or in conjunction with our valuation management platform, eTrac® Enterprise.
Read MoreTopics: Freddie MAC, Fannie Mae, Lenders, appraisal technology, collateral management, eTrac Enterprise Solutions, AMCs, Mortgage Companies, Compliance, residential mortgage industry, UAD, UCDP, global kinex, Appraisal Process Management, MISMO XML, Credit Union
Fannie Mae and Freddie Mac recently announced that they have launched an initiative to update the Uniform Appraisal Dataset (UAD) and uniform appraisal reporting forms to provide greater clarity for industry participants, simplify appraisal reporting and reviewing, and to build a foundation for appraisal modernization.
Read MoreTopics: Freddie MAC, GSE, Fannie Mae, Lenders, appraisal technology, AMCs, Mortgage Companies, UAD, Uniform Appraisal Dataset, appraisal forms, Appraisal Process Management, Credit Union
Freddie Mac’s latest Outlook report, which was released at the end of April, broke down the state of the housing market and examined where the industry is likely heading over the next couple years.
Read MoreTopics: Freddie MAC, GSE, Lenders, AMCs, Mortgage Companies, residential mortgage industry, Credit Union
Many throughout the mortgage industry have been keeping their eyes on the rising interest rates, wondering how they will affect housing. Freddie Mac has taken notice to this subject as well, and in its recent February Insight report, the GSE looked at how these rising rates could impact the market.
Read MoreTopics: Freddie MAC, GSE, Lenders, Mortgage Companies, residential mortgage industry, Credit Union
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