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Executive Perspectives Blog

John Cannon, Freddie Mac Multifamily senior vice president of conventional sales, shares some of his notes from the Mortgage Bankers Association’s Commercial Real Estate Finance Conference (MBA-CREF) held in San Diego between February 19 and 22.

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Today Freddie Mac reported our fifth straight year of profitability, with net income of $7.8 billion and comprehensive income of $7.1 billion. Our results reflect not only an improving economy but also the very successful work we have done to transform the company.

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What makes a store or a restaurant someplace that you want to keep going back to, or not? Or one that you’d give a glowing review? Most likely, it’s the customer experience – how the people, company, products make you feel each time you encounter them and how consistently your expectations are met. This formula for success in the business-to-consumer (B2C) space is one that the business-to-business (B2B) world is looking to replicate.

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Two hundred forty-nine.

That's the number of unique data points necessary for the Uniform Closing Dataset (UCD), a common collection of data that lenders will be required to deliver in a digital file with each mortgage loan they sell to us starting on Sept. 25. Known as the UCD mandate, this requirement is part of the Uniform Mortgage Data Program® (UMDP®), an industry-wide drive to build a better housing finance system in the U.S.

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Happy New Year! As we welcome in 2017, it’s a good time to take stock and start fresh. Most people hit the gym, put the brakes on spending and declutter. If your resolution is to move to a new place this new year, answering these key questions can help put you in the right home:

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Our Executive Perspectives feature insights from company leaders on key trends in housing finance and how Freddie Mac is supporting the nation's housing recovery.

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