13 Feb

How It Works: The Secondary Mortgage Market

How It Works: The Secondary Mortgage Market
Welcome to our “How It Works” blog series, where we’ll discuss it all, from Freddie Mac to the loan approval process. Today’s focus is on the secondary mortgage market, and more specifically, Freddie Mac. Here, we’ll answer important questions such as …
Read more on
freddiemac.com


ONE Mortgage Program
In response to a 1989 Federal Reserve study that found a pattern of racial bias in mortgage lending in Boston, representatives from MHP, the Massachusetts Affordable Housing Alliance (MAHA), the Massachusetts Bankers Association, the City of Boston and …
Read more on
mass.gov


Mortgage Loss Mitigation
Loss mitigation specialists aim at converting non-performing assets to performing ones. They are trained in the art of negotiations, and are adept at handling situations like short sales, foreclosures, loan modifications, and repayment. Loss mitigation is …
Read more on
Buzzle


SEC Drops 8M Thornburg Mortgage Case
Law360, New York (February 3, 2017, 9:44 PM EST) — The U.S. Securities and Exchange Commission on Friday dropped its case against two former Thornburg Mortgage executives over $ 428 million in financial-crisis-era losses, ending a case that has lasted …
Read more on Law 360