Written By: Lloyd Rutherford, Staff Writer There are a lot of opportunities in market niches, and manufactured housing is one of them. Now that Fannie Mae and Freddie Mac have joined in this market and worked with manufactured builders, the homes they are financing look great. Take the time to educate yourself and your staff on [...]
Written By: Lloyd Rutherford, Staff Writer Some people are pretty handy when it comes to home improvement, and if they happen to be the one purchasing a home, this program may work quite well for them. Rule Synopsis: Freddie Mac introduced many enhancements for Sweat Equity as an eligible source of funds for down payment [...]
Written By: Lloyd Rutherford, Staff Writer Freddie Mac has jumped into the Manufactured Housing pool with Fannie Mae. In this article we highlight Freddieâs new program. Rule Synopsis: Freddie Mac is expanding their offering for manufactured housing due to their duty-to-serve initiative. It is not too dissimilar to Fannie Maeâs MH Advantage. We will highlight [...]
Written By: Lloyd Rutherford, Staff Writer Important updates and new ways to generate more loans from Freddie Mac. This update highlights changes to assist affordable housing by providing lenders with options to assist more borrowers. Read more to find new ways to add loans to your pipeline! Rule Synopsis: Freddie Mac is updating their selling [...]
By: Lloyd Rutherford, Staff Writer We donât often release servicing bulletins, but this one has a direct impact on the origination of Freddie Mac HomePossible® loans. Read through this article to understand its impact and how you can use this to differentiate yourself from your competition. Rule Synopsis: Freddie Mac introduces a special program for [...]