Page 5 - Michael Devito News Today

The executive is an accomplished compliance officer with over 20 years of experience

Both Fannie Mae and Freddie Mac this week made additions to their senior leadership.

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Freddie Mac has announced that it will increase homeownership opportunities for first-time homebuyers by considering on-time rent payments as part of the company’s loan purchase decisions.

The new functionality will be available beginning July 10

The move builds on the government-sponsored enterprise’s previous program that facilitated the collection of more rent payment records from tenants who work with its multifamily borrowers.

Freddie Mac announced Wednesday that on-time rental payments would be included in its underwriting system starting July 10.

In a historic move, the Federal Housing Finance Agency (FHFA) on Wednesday released finalized equity plans for Fannie Mae and Freddie Mac, each with the goal of assisting consumers in disadvantaged communities to purchase homes.

08.06.2022 - Multi-Year Plan Outlines Actions to Promote Equitable and Sustainable Access to HousingMCLEAN, Va., June 08, 2022 (GLOBE NEWSWIRE) - Freddie Mac (OTCQB: FMCC) today announced the company’s first Equitable Housing Finance Plan designed to promote ... Seite 1

Donna Corley, Freddie Mac’s head of single-family, has stepped down from her post at the government sponsored enterprise.