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Podcast: Lykken on Lending
Episode: Freddie Mac Launches Second Mortgage Pilot: What Lenders Need to Know - Legislative Update by Alice Alvey
Description: Freddie Mac has launched a pilot program for closed-end second mortgages with specific conditions, while the FHA has issued a draft mortgagee letter emphasizing lender responsibility for third-party origination fraud, urging lenders to strengthen their fraud detection and prevention measures.----------------------------------------------------Alice Alvey, Master CMBVice President Partner Education and Training at Union Home MortgageShe handles development of their World Class Training program designed to support UHM partners and organizational effectiveness.Prior to UHM, Alice served as Senior Vice President at Indecomm leading the Indecomm-Mortgage U...