Empowering Homebuyers: NewRez Revolutionizes Downpayment Assistance with Freddie Mac's Enhanced Program

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In: New Home Mortgage News

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NewRez Unveils Game-Changing Partnership: Empowering First-Time Homebuyers with Enhanced Downpayment Assistance Program In an exciting development within the mortgage industry, leading lender and servicer NewRez has introduced a groundbreaking special-purpose credit program in collaboration with Freddie Mac.  This innovative initiativeContinue Reading

Freddie Mac Multifamily Market Forecast for 2023 Q1 & Q2

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In: Realtor News

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Inflation fears, rising interest rates, and a cooling housing market have clouded Freddie Mac’s 2023 multi-family home market outlook. The mortgage aggregator expects the multifamily sector to slow further in 2023 due to moderate rental growth, higher vacancy, and lowerContinue Reading

Rising Rates And Declining Demands Resulting In Housing Market Slowdown – Freddie Mac Report

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In: Realtor News

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Freddie Mac (OTCQB: FMCC) said today that the current downturn in the housing market will continue due to reduced demand.  In a new quarterly forecast, the company’s chief economist indicated that mortgage interest rates that doubled last year were aContinue Reading

Change Of Roles For Two Of The Freddie Mac Multifamily Underwriting Team Members

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In: Mortgage News

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Freddie Mac Multifamily has announced several changes of roles to two members of its underwriting team. Caitlin Mair previously senior director of structured commodity acquisitions and lending has been promoted to vice president of risk allocation and credit. He overseesContinue Reading