The Congressional Budget Office’s latest forecast for loan and guarantee program costs highlights some of the reasons the Trump administration has considered selling off a minority equity interest in two government-sponsored enterprises held in conservatorship. Processing Content The forecasts for lifetime costs starting next year shows Fannie Mae and Freddie Mac’s guarantees have value in […]

National lender and servicer Newrez reported positive earnings and touted opportunities amid ongoing economic volatility, as its leadership sees potential growth in new lending products and savings from artificial intelligence investments.  Processing Content With rising interest rates throughout the quarter dimming early-year enthusiasm for a significant bump in lending volumes, the company found itself able

For the past several years, the real estate industry has talked about the mortgage-rate lock-in effect mostly as an inventory problem. That is understandable. When a homeowner has a 3% or 4% mortgage, and today’s replacement mortgage is in the mid-6% range, selling can feel financially irrational. Freddie Mac reported that the 30-year fixed-rate mortgage