Freddie Mac Multifamily offers new forbearance options and tenant protections

Freddie Mac Multifamily offers new forbearance options and tenant protections.

Freddie Mac Multifamily offers new forbearance options and tenant protections   Freddie Mac announced Monday that it has created three forbearance options to assist multifamily borrowers that have been impacted by COVID-19.   GSE forbearance rate drops for third week, MBA says   The forbearance share of mortgages backed by Fannie Mae and Freddie Mac dropped for the third straight week, while Ginnie Mae loans were unchanged, MBA said in a report.     It’s Time to Reduce Lending Complexity – 5 Simple Metrics to Track For the past seven years, Mortgage Cadence’s Client Benchmarking Study has revealed how the nation’s top performing lenders have consistently realized high profits. Our whitepaper details the most recent results showing how lending teams no different than yours are outperforming MBA averages on the 5 profitability metrics. Any reader of this report can achieve the same success. Claim your copy today! Learn more! Sponsor Content  SHAPE  \* MERGEFORMAT     Can’t show homes in person? Leverage tech to keep virtual sales personal   HousingWire spoke to Matt Casey, CEO and president of CRS Data, about how data and mapping can help real estate professionals show off a neighborhood from a distance. Presented by CRS Data   Prices for "affordable" homes continue to rise   Between the date in March that the World Health Organization declared a pandemic and the week ending May 31, Redfin found that prices of houses ranked in the 6th to 35th percentile for value rose 5.5% year over year, while prices of homes in one of the top tiers — those from 66th-95th percentile — rose just 2%.     Make Your Documents Speak “e” The transition to an eClosing workflow is gradually becoming more important in today’s lending environment. In this webinar, mortgage executives and origination leaders will learn how to increase the efficiency of their closing processes while creating a better experience for borrowers. Register Now! Sponsor Content Supreme Court ruling against CFPB structure also puts Calabria’s FHFA job on the line   The Supreme Court issued a decision on Monday saying the structure of the Consumer Financial Protection Bureau is unconstitutional but stopped short of abolishing the watchdog agency.   Fannie Mae survey shows mortgage servicers want clarity on post-forbearance options for borrowers   Fannie Mae Survey reveals top challenges lenders and servicers are facing during pandemic, including the health and safety of their staff.     The Role of Mobile Tech in Mortgage Industry Transformation Are you embracing the benefits made possible through mobile lending tech? Learn about the recent advances in mobile origination platforms, how lenders and borrowers can benefit from mobile, and how these solutions help lenders create a unified experience from their disparate digital tools. Learn More! Sponsor Content Sundae raises $16.55 million for distressed real estate marketplace   Sundae’s co-founders have deep expertise in the real estate and mortgage industries. CEO Josh Stech was founding partner and senior vice president of sales at LendingHome. President Andrew Swain was CFO at LendingHome, and prior to that, served as CFO at Airbnb.   Rents are rebounding in cities like Nashville, Tampa, Columbus and Kansas City   For the week ending June 20, 30 of the top 50 markets in the U.S. saw positive growth in executed new lease rents from the year prior. But the big coastal cities saw double-digit drops.     Lenders Need Post-Closing Automation More Than Ever Automation is becoming one of the most important investments that mortgage lenders can make during this time of uncertainty. Download this white paper to discover the challenges of the post-closing mortgage process and how automation alleviates burdens that post-closers face on a daily basis. Learn More! Sponsor Content In case you missed it U.S. pending home sales surged a record 44% in May Angel Oak’s Tom Hutchens and Manish Valecha on non-QM lending These mortgage lenders led the pack in 2019