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Fannie Mae, Freddie Mac announce revisions to condo insurance standards

Fannie Mae and Freddie Mac on Wednesday announced updates to condominium project standards and property insurance requirements for one- to four-unit properties and project developments, with a stated goal of reducing costs for homeowners. “We are replacing a disruptive and expensive Biden insurance
IMB profits drop sharply even as volume surges in Q4

Accounting rules on loan lock timing helped drag down nonbank mortgage profits, the Mortgage Bankers Association said.
Servicing, CRM, BI, QC, HELOC, TBA, Title Products; STRATMOR on Servicing; UAD 3.6

Among the hot topics in the hallways of the ICE Experience is the evolution in data contained in each lien, along with massive appraisal change hitting our biz. I was chatting with Class Valuation’s Mark Walser yesterday about UAD 3.6. (If you’d like a primer on it, and you should, see this write up
Pamela Heman

Pamela Heman

Phone:+1(816) 810-5001

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