Freddie Mac names David Brickman as new CEO

Freddie Mac announced Thursday that its current president, David Brickman, will soon be taking the reins as the mortgage giant’s new CEO.

New tool tells lenders if properties were damaged by natural disaster

The new parcel-level disaster data is available as a free add-on to the VeroVALUE service, which the company describes as an AVM that provides realistic value ranges for properties across the country.

Here’s what NAR wants in the next versions of Fannie and Freddie

NAR said on Friday that any changes should maintain a host of features such as 30-year fixed-rate mortgages, affordable credit and reliable access to housing for both renters and homeowners.

Home prices jumped 5.7% year-over-year at the end of 2018

Home prices jumped 5.7 percent during the final months of 2018 compared to the same period one year prior, with the mountainous states in the western U.S. seeing the strongest growth.

Mortgage software company Ellie Mae to be acquired for $3.7B

The publicly traded company announced Tuesday that it would be acquired by private equity firm Thoma Bravo, LLC. Ellie Mae, founded in 1997, processes 35 percent of all mortgage applications in the U.S., according to Banking Tech.

NAR wants to replace Fannie Mae and Freddie Mac

The National Association of Realtors (NAR) wants to replace Fannie Mae and Freddie Mac with a new entity that would be private, but regulated like a utility, that the organization believes would ensure the mortgage industry keeps running long-term.

Blame seniors, not millennials, for housing shortage: Study

Older Americans may be the ones contributing to the current housing shortage, an analysis by economists at Freddie Mac found.

Will declining mortgage rates reverse static home sales?

Mortgage rates continued along their downward trend to end the year, according to the latest data from Freddie Mac, released Thursday.

Housing market expected to stabilize in 2019: Fannie Mae

Economic growth is expected to slow in 2019 which means stabilizing home sales and mortgage rates in the new year, according to Fannie Mae’s economic and strategic research group. 

Will Trump’s new housing finance director privatize Fannie and Freddie?

The Trump administration is preparing to nominate Mark Calabria to head the Federal Housing Finance Agency, the agency tasked with overseeing Fannie Mae and Freddie Mac.