Uncategorized

Freddie Mac has published a new amendment servicers can opt to add to modification agreements when the mortgages involved have temporary interest-rate buydowns. Processing Content The recently authorized change adds a required borrower acknowledgment to modification agreements when servicers use temporary interest rate buydown funds. The acknowledgment explains that those funds may be used to […]

Friday’s action made it seem a little more likely that the rallies from last week would extend and while I thought Wednesday’s FOMC meeting could be the source for any fireworks, it was news over the weekend that a peace deal with Iran had been reached which lit the fuse. Processing Content Oil futures opened