fannie mae

Fannie Mae Multifamily Closes 2018 with Volume of More than $65 Billion

  WASHINGTON/ Jan. 24, 2019 (STL.News) Fannie Mae (OTCQB: FNMA) provided more than $65 billion in financing to support the multifamily market in 2018 with its Delegated Underwriting and Servicing (DUS®) program. Fannie Mae continued to serve as a key source of liquidity by attracting a diverse investor base to purchase our DUS Mortgage-Backed Securities … Continue reading Fannie Mae Multifamily Closes 2018 with Volume of More than $65 Billion

Housing Confidence Down as More Americans Believe It’s a Bad Time to Buy a Home

  WASHINGTON/ Jan. 7, 2019 (STL.News) The Fannie Mae Home Purchase Sentiment Index® (HPSI) decreased in December, falling 2.7 points to 83.5, resuming its recent downward trend after November’s slight uptick. The decrease can be attributed primarily to a 12-percentage point decrease in the net share of Americans who said it is a good time … Continue reading Housing Confidence Down as More Americans Believe It’s a Bad Time to Buy a Home

New Fed Mortgage Corp. to Acquire Commonwealth Mortgage LLC

  DANVERS, MASS./ JANUARY 01, 2019 (STL.News) New Fed Mortgage, a fast-growing multistate residential mortgage lender headquartered in Massachusetts is poised to expand the company further in 2019 with the announcement of plans to purchase Commonwealth Mortgage LLC, a direct to consumer lender located in Woburn, MA early in 2019. Recent Growth New Fed experienced … Continue reading New Fed Mortgage Corp. to Acquire Commonwealth Mortgage LLC

Fannie Mae Completes First Multi-Tranche Credit Insurance Risk Transfer Transaction on over $10 Billion of Multifamily Loans

  WASHINGTON/ Dec. 17, 2018 (STL.News) Fannie Mae (OTC Bulletin Board: FNMA.) announced that it has completed its first multi-tranche Credit Insurance Risk Transfer™ (CIRT™) transaction covering a pool of approximately $10.9 billion of existing multifamily loans in the company’s portfolio. This new transaction, CIRT 2018-M02, is the fourth CIRT transaction as part of Fannie … Continue reading Fannie Mae Completes First Multi-Tranche Credit Insurance Risk Transfer Transaction on over $10 Billion of Multifamily Loans

Floify Joins with Equifax to Expand Features and Functionality of their Next-Generation Mortgage Point-of-Sale Solution

  BOULDER, COLO./ DECEMBER 06, 2018 (STL.News) Floify, the mortgage industry’s leading point-of-sale solution, announced today it is joining forces with global information solutions company, Equifax. This partnership integrates the power of the Equifax Trended Credit*Hi-Lite™ and The Work Number®, which enables eligibility for Day 1 Certainty® from Fannie Mae, with Floify’s flexible and feature-packed … Continue reading Floify Joins with Equifax to Expand Features and Functionality of their Next-Generation Mortgage Point-of-Sale Solution

California REALTORS® applaud FHFA for raising Fannie Mae and Freddie Mac conforming loan limits

  LOS ANGELES/ Nov. 27 (STL.News) The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency’s (FHFA) announcement to increase the 2019 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $484,350 on one-unit properties and a cap of $726,525 in high-cost … Continue reading California REALTORS® applaud FHFA for raising Fannie Mae and Freddie Mac conforming loan limits

LendingQB Integrates with eOriginal to Enable eNotes For Mortgage Originators

  BALTIMORE/ NOVEMBER 14, 2018 (STL.News) eOriginal Inc. and LendingQB today announced an integration that enables the generation, execution and management of eNotes. The companies announced the integration on the eve of the MERS® eMortgage Boot Camp in Irvine, Calif. “LendingQB’s work with eOriginal is another milestone in the creation of an open ecosystem for … Continue reading LendingQB Integrates with eOriginal to Enable eNotes For Mortgage Originators

Hunt Real Estate Capital Finances the Acquisition of a Multifamily Property Located in Jonesboro, Arkansas

  NEW YORK/ Oct. 23, 2018 (STL.News)– Hunt Real Estate Capital, a leader in financing multifamily and commercial real estate throughout the United States, announced today it provided a Fannie Mae conventional loan in the amount of $9 million to finance the acquisition of a multifamily property located in Jonesboro, Arkansas. Stadium Place Apartments is … Continue reading Hunt Real Estate Capital Finances the Acquisition of a Multifamily Property Located in Jonesboro, Arkansas