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Extern Mortgage News Daily – Rob Chrisman

Broker, Correspondent, Subservicer Oversight Tools; IMB Cost $11k Per Loan; STRATMOR Survey

The FHFA announced that Fannie and Freddie will remove ‘certain’ homeowners insurance requirements which may reduce costs. But what are people saying about where their industry-facing priorities are? Both are focused on leveraging technology and reminding lenders of their existing products. For example, Fannie offers a construction to perm program, as does Freddie Mac, and has “MH Advantage” for manufactured homes; F…

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