Freddie Mac Single-Family Home Starts Here

Mortgage forbearance can be a huge source of relief for borrowers affected by COVID-19. However, there's confusion about how and when borrowers are expected to repay the delayed payments and what happens after the forbearance term. This episode discusses a new payment deferral relief option for borrowers. Our guests, Mike Zarro, mortgage servicing executive for Truist, Don Griffin, Freddie Mac vice president, Servicer Relationship and Performance Management, provide insight on how this helps servicers, borrowers and the evolving industry. 

In today’s digital world, consumers want fast, easy online transactions – and this has become more apparent and necessary in light of COVID-19. With automated and digital solutions lenders can provide a more electronic experience, cut costs, close loans faster and simplify the loan process while reducing risk for everyone involved. In this episode, Terri Merlino, Senior Vice President & Chief Credit Officer, David Fulford, Vice President, Strategic Technology Integration, and special guest, Tamara West, investor specialist with client partner, nbkc bank discuss Loan Product Advisor® asset and income modeler (AIM) and how it has made a difference during this heightened time of need.

Single-Family’s Senior Vice President, Portfolio Management, Kevin Palmer sets the record straight on mortgage relief options during COVID-19. He frames the conversation with the current facts, industry figures and provides answers to the most commonly asked questions related to forbearance. 

From the origination process all the way to the investor, Freddie Mac is supporting the industry holistically in the wake of COVID-19’s effects. Are we better equipped than in the past to deal with this crisis? How are we working to be a stabilizing force in the industry and a resource for consumers? Freddie Mac executives discuss how they’re tackling unprecedented challenges head on, and how this crisis has strengthened their commitment to US homebuyers.

With the spread of the coronavirus (COVID-19) throughout the country and its potential impact, Freddie Mac remains committed to providing liquidity and stability to the mortgage finance market and fulfilling our mission. Senior Vice President, Client and Community Engagement, Danny Gardner discusses business impacts and steps Freddie Mac Single-Family is taking to respond. Visit the episode page for links to the resources discussed in the episode:https://sf.freddiemac.com/articles/insights/freddie-mac-addresses-industry-challenges-due-to-covid-19-pandemic

As we head into 2020, we sat down with technology partner BackInTheBlack to discuss servicing trends and offer a perspective on big ideas that will transform the servicing landscape. Freddie Mac Single-Family Servicing Ops, Vice President, Ken Burke and James McVicker, Director of Professional Services at BackInTheBlack, explore how leveraging partnerships and connecting industry players is critical to make advancements in servicing. 

Growth and demand trends along with inventory shortfall are leading to an overall housing shortage. Additionally, there are misconceptions and a lack of information about resources for potential buyers. Danny Gardner, SVP, Affordable Lending and Access to Credit, Single-Family sits down with Rob Chrane, Founder and CEO, Down Payment Resource to discuss persistent housing challenges and specific solutions. 

As many women move through various stages of their careers, they’ve experienced the feeling of being the only woman in the room. Hear how women in the mortgage industry create connections with other women and develop support systems. Kristy Fercho, Executive Vice President and President of Mortgage, Flagstar Bank sits down with Christa Petrone, Single-Family Sales Directors as they share personal stories on how they create authentic connections and how women can leverage those connections to help grow their careers. The discussion is moderated by Riham El-Lakany, Chief Marketing Officer, Single-Family. 

Donna Corley, interim head of Freddie Mac Single-Family business, weighs in on where the industry is headed and her key areas of focus during this time of industry change. She discusses her priorities with host, Riham El-Lakany, Chief Marketing Officer, Single-Family. 

Dan Fitchler, AVP of Housing Finance Policy, MBA and Tim Kitt, SVP of Pricing and Execution, Single-Family, provide an update on the efforts across the industry to replace LIBOR with the GSE-supported overnight SOFR framework. Hear what's staying the same and what may be changing to ensure a successful transition to SOFR before the end of 2021.