Virtual- Hybrid Happy Hour with Freddie Mac

11100 Bren Road West,Minnetonka MN 55343

22 July, 2021

Description

Hybrid Happy Hour Freddie Mac: Speaker: Sam Noel, Affordable Lending Manager Client and Community Engagement, Single Family Division. What We Do - Freddie Mac was chartered by Congress in 1970 to support the U.S. housing finance system and to help ensure a reliable and affordable supply of mortgage funds across the country. Rather than lending directly to borrowers, Freddie Mac operates in the U.S. secondary mortgage market, buying loans that meet our standards from approved lenders. Those lenders are then, in turn, able to provide more loans to qualified borrowers and keep capital flowing into the housing market. Freddie Mac then pools the mortgages it buys into securities, which they sell to investors around the world. Our continuous support in, good economic conditions and bad, and in markets that might otherwise be underserved, provides stability to the housing market and helps families rent, buy and keep homes they can afford. July 22nd Meeting – Freddie Mac will discuss such as but not limited to: How does Freddie Mac handle Challenges & Opportunities such as a. Access to Credit b. Language Barriers c. Discrimination e. Up and coming market segments f. Policies to help or protect the BIPOC community in the lending industry g. Forbearance and how will Freddie Mac help consumers post COVID-19 There will also be an Q&A section where industry professionals can ask Sam Questions. The Asian Real Estate Association of America (AREAA) is a nonprofit professional trade organization dedicated to promoting sustainable homeownership opportunities in Asian American communities by creating a powerful national voice for housing and real estate professionals that serve this dynamic market. AREAA's membership represents a broad array of real estate, mortgage and housing-related professionals that serve the diverse Asian American market. AREAA is the only trade association dedicated to representing the interests of the Asian real estate market nationwide.