Archive for 'Tag Archives: 'Freddie Mac''

Mortgage Rates Reach New Record Lows

Mortgage Rates Reach New Record Lows

Mortgage rates were back to hitting record lows again, pushing housing affordability even higher to home buyers, Freddie Mac reports in its weekly mortgage market survey. For the sixth consecutive week, the 30-year fixed-rate mortgage, the [...]

Freddie Mac Amends Short Sale Affidavit

Freddie Mac Amends Short Sale Affidavit

Released November 23, 2011 At NAR’s request, the affidavit that Freddie Mac requires servicers to obtain to help curb fraud in short sale transactions has been changed to reduce practitioners’ unreasonable exposure to liability. NAR members had [...]

Gov’t in Talks to Rent Out Foreclosures

Gov’t in Talks to Rent Out Foreclosures

The Obama administration is considering a plan that would take foreclosed homes off the market and rent them out–in a move aimed at clearing the glut of unsold foreclosed homes and preventing home values from falling [...]

NAR President’s Podcast: Sensible Policies, Please

2011 NAR President Ron Phipps talks about once again battling government policies that prevent consumers from getting mortgages. He discusses the pitfalls of the qualified residential mortgage (QRM) policy proposal requiring consumers to put 20 percent [...]