Fannie Mae and Freddie Mac to launch remote desktop appraisals in 2022
After a successful test run triggered by the pandemic, Fannie Mae and Freddie Mac will soon be permanently accepting remote desktop appraisals on eligible transactions.
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Tag: Federal Housing Finance Agency (FHFA)
The coming surge in mortgage modification defaults
This article forecasts a surge in mortgage modifications in the wake of the coming expiration of foreclosure moratoriums — which will in turn lead to a rise in re-defaulting borrowers.
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Multi-family forbearance programs extended until September 2021
Multi-family property owners with mortgages backed by Fannie Mae and Freddie Mac may now extend their forbearance programs up to September 2021.
Read MoreFHFA puts off credit score overhaul
The current credit score model is outdated and not changing anytime soon.
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Redesigned Uniform Residential Loan Application (URLA) finalized
Proposed changes to the URLA have been finalized and published.
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