Slower growth doesn’t dim Fannie and Freddie mortgage outlook

Market outlook: "Even if the U.S. economy slows during the rest of 2019, the outlook for the housing and mortgage market remains strong, said economists at Fannie Mae and Freddie Mac." Very positive commentary for our industry.. Slower growth doesn’t dim Fannie and Freddie mortgage outlook

Commercial and multifamily lenders had another banner year in 2018, when closed-loan originations rose 8% to a high of $574 billion. "Borrowing and lending backed by commercial and multifamily properties hit another new record last year," Jamie Woodwell, vice president of commercial real estate research at the mortgage bankers association, said in a press release.

But in a new economic outlook, the central bank also lowered its growth target for the economy. future in order to make sure that the mortgage crisis doesn’t deepen further. "The Freddie and Fannie.

People on the move: April 19

Slower Growth and Lower Mortgage Rates – Freddie Mac – Do we own your mortgage? Find out if Freddie Mac owns your loan using our secured lookup tool.. slower Growth and Lower Mortgage Rates.. in 2016. As a result, we are raising our refinance projection share of originations to 40 percent. In last month’s Outlook, we reviewed potential.

Key Economic Indicators Are Mostly Positive – In other words, housing had become less affordable – a problem which is naturally solved by a combination of flat-to-lower prices, slower growth in new. subsequently purchased by Fannie Mae and.

Even if the U.S. economy slows during the rest of 2019, the outlook for the housing and mortgage market remains strong, said economists at Fannie Mae and Freddie Mac. Gross domestic product grew 3.2% in the first quarter, but Fannie Mae projects the second quarter to have just 1.7% growth, while Freddie Mac is slightly more bearish at 1.5%.

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Mortgage rates forecast.. Slower growth doesn’t dim Fannie and Freddie mortgage outlook Even if the U.S. economy slows during the rest of 2019, the outlook for the housing and mortgage market remains strong, said economists at Fannie Mae and Freddie Mac.

Declining mortgage rates drive refis and new-home purchases May 16, 2019; Mortgage snafu forces Pa. bank to disclose material weakness May 16, 2019; Slowdown in housing market is helping landlords raise rents May 16, 2019; Slower growth doesn’t dim Fannie and Freddie mortgage outlook May 16, 2019

Rise in hurricane recovery times could strain mortgage servicers Rise in hurricane recovery times could strain mortgage servicers The potential for longer homeowner recovery times from hurricanes could hurt mortgage companies that need to advance funds to investors from missed payments.Bonnie Sinnock

Better mortgage credit quality should also encourage more aggressive lending, as should the decline in lenders’ battles with Fannie and Freddie over reps and warrants. If, homebuilding doesn’t.