New American Funding along with Freddie Mac, is set to help borrowers who are having low income to be able to refinance. A new refinance option is out for borrowers who are having 80% or below area median income, areContinue Reading
In a well-established mid-month trend, the active forbearance plans climbed up by 11,000 after declining for a fortnight. According to Black Knight’s latest report data, the overall increase of 11,000 was because of rising in plans among portfolio/PLS loans byContinue Reading
Last updated on October 3rd, 2023 at 01:35 amFannie Mae and Freddie Mac released their Q3 earnings last week, reflecting a combined $6.7 billion in net income, up significantly from the previous quarter. This strong performance was not unexpected, but makesContinue Reading
Last updated on February 3rd, 2021 at 11:40 amAccording to the Mortgage Bankers Association, the up-and-down pattern for mortgage application activity continued, as volume rose 4.6% from one week earlier led by refinancings. Since the start of September, the pattern has beenContinue Reading
