Displaying posts tagged with: Mortgages

$650 Billion And Going Strong

$650 Billion And Going Strong

We're celebrating an important corporate milestone – the transfer of a significant amount of mortgage credit risk on $650 billion in unpaid principal balance of single-family and multifamily loans. More

Freddie Mac Earns Three Mortgage-Backed Securities Awards

Freddie Mac Earns Three Mortgage-Backed Securities Awards

For the second consecutive year Freddie Mac's Structured Agency Credit Risk (STACR®) debt notes have been named RMBS Deal of the Year by Global Capital, a leading financial news and data service covering the capital markets. Freddie Mac also earned top honors for Best Overall Securitization Issuer and Best RMBS Issuer. More

Who Let the Bugs In?

Who Let the Bugs In?

Spring has sprung and so have the bugs and rodents seeking to invade homes. Whether you are looking at homes to purchase or are a homeowner, there's no time like the present to inspect a home's exterior, especially after the long winter season, which can make it more inviting to house-hunting pests. More

How It Works: The Secondary Mortgage Market

How It Works:  The Secondary Mortgage Market

Follow along with our new blog series, where we discuss how things work in the mortgage market, from underwriting your loan to credit risk transfer. To kick off the series, we introduce you to the inner workings of the secondary mortgage market. More

The Top 10

The Top 10

The results are in. We've run the numbers and here are 10 most-read posts of 2015. See what interesting topics you might have missed. More

Tips, Bits & Lists: Day 4

Tips, Bits & Lists: Day 4

On the 4th day of tips, bits & lists, we're focused on the 4 Cs. You're probably thinking diamonds, but actually we're talking about the 4 Cs of qualifying for a mortgage. More

Countdown to Know Before You Owe

Countdown to Know Before You Owe

Starting October 3rd, the Know Before You Owe mortgage rule will simplify and improve the way you'll receive information about mortgage loans, both when applying for a loan and when you're getting ready to close. More

10 States with the Highest Foreclosure Rates

10 States with the Highest Foreclosure Rates

The national foreclosure rate reached a 19-month high in May, according to real estate information company RealtyTrac. As reported in USA Today, the rise is largely the result of a bottleneck of older foreclosures finally being pushed through the process. More

May Home Sales

May Home Sales

With new home sales data out for May, we're currently running 17,000 home sales (non-seasonally adjusted) above the May 2013 rate keeping us on track for the best year in home sales since 2007. More

4 Reasons Home Sales Are Surging

4 Reasons Home Sales Are Surging

Reports the Associated Press: "Home sales are on pace for their best year since 2007. First-time buyers are streaming back into the market." Why all the activity now after so many years of sluggishness? More

Use Your Assets

Use Your Assets

Good news for retiring Baby Boomers and other savvy homebuyers who have limited incomes but substantial financial assets – these will help you to qualify for a low-rate mortgage. More

Boomerang Buyers Are Bouncing Back

Boomerang Buyers Are Bouncing Back

Boomerang buyers, those who lost their home during the crisis, are back in the market. In a new report from RealtyTrac, 7.3 million of them will return to the market over the next eight years, peaking at 1.3 million in 2018. More

Best of 2014

Best of 2014

The list is made, we've checked it twice. This year's top blog posts have more than sufficed. The proof was there in the numbers, driven by links, Tweets and thousands of clicks. Here's a recap in case you missed them preparing for ole St. Nick. More

Who's Who?

Who's Who?

The homebuying process: It's exciting, can be intimidating and there are a lot of people involved. The good news? All these people work hard to make your experience as smooth as possible, including several that will hold your hand throughout the process. Let us introduce you. More

Down Payments and PMI: Get the Low Down

Down Payments and PMI:  Get the Low Down

If you're in the market to buy a home, you've probably heard the rule of thumb that you shouldn't buy a home unless you can put down 20% to avoid paying Private Mortgage Insurance (PMI). Why is 20% the magic number and what is PMI? More

Use Your Assets

Use Your Assets

Did you know that you can use your financial assets to qualify for a conforming, conventional mortgage? More

Small Towns, Odd Names: We're Here

Small Towns, Odd Names:  We're Here

Whether you live in New York City with over eight million others or Chicken, AK with just seven, we’re funding loans right where you live. Big or small, north or south, whatever the name, we’re here. More

One Loan Per Second

One Loan Per Second

Did you know that it used to take up to two years’ worth of documentation and two months wait time to find out if your mortgage would be approved? More

Mansion or Yurt: What Can You Afford?

Mansion or Yurt: What Can You Afford?

Dreaming of owning a home and wondering how much you can afford? You're not alone. It's one of the most important questions you'll need to answer before you can begin house hunting – and many factors, aside from your income and car payment, come into play. More

Harp, Harp, Harp

Harp, Harp, Harp

If you owe more on your mortgage than your home is worth and haven’t refinanced into a lower interest rate, this HARP is for you. More

What's the Point?

What's the Point?

Your financial house is in order and you're ready to make your dream of homeownership a reality. Now it's time to get a mortgage. As you shop around, you'll see that many lenders offer a menu of mortgage rate-point combinations. So what are these so called "points" and is there a point in paying them? More

Do You Know How You're Scored?

Do You Know How You're Scored?

Your FICO® score is an important part of a lender’s credit decision, influencing the credit that’s made available to you and the terms that you’re offered. It’s calculated using information from several pieces of data from your credit report. Scores range from 300 (worst) to 850 (best). Find out how a FICO Score breaks down. More

Mortgage Rates: From Dirt Cheap, to Cheap

Mortgage Rates: From Dirt Cheap, to Cheap

The same home you considered buying a year ago with a $200,000 mortgage would now cost about $90 more in interest payments per month, or about $1,080 per year, given the general rise in mortgage rates since last year. But let's put this increase into perspective – and take the long view. More