Tag Archives: Fhfa

Freddie Mac makes loan data available

Freddie Mac says it will disclose performance data on a swath of single-family loans that it purchased over a 13-year period representing about 53 percent of Freddie Mac’s total mortgage acquisitions, or 15.7 million mortgages, from Jan. 1, 1999 to … Continue reading

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Regulator Claims New Rules Will Loosen Mortgage Lending

Ask any real estate agent, home builder or home buyer what is the biggest barrier to entry in today’s housing market, and the likely answer will be: tight credit. The lax lending of the latest housing crash is no more, … Continue reading

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Refi Boom Benefits Borrowers and Big Banks

Millions of Americans are saving billions of dollars in monthly mortgage payments, thanks to record-low interest rates. The refinance market is booming, now at 78 percent of residential mortgage activity, according to the latest read from the Mortgage Bankers Association. … Continue reading

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New Rent Report Suggests Possible Bubble

Typically when rents go up, more renters turn to home buying. When home prices go up, more turn to renting, but today’s housing market is anything but typical. Rents were up 3 percent nationally in January, year-over-year, according to a … Continue reading

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Own vs. Rent Riles Government Housing Policy

Fannie Mae and Freddie Mac, the mortgage giants under government conservatorship, together owned 182,212 foreclosed properties as of the end of September. While they aggressively market and sell these homes to investors and owner-occupants alike, the numbers are still too … Continue reading

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Own Vs. Rent Riles Government Housing Policy

Fannie Mae and Freddie Mac, the mortgage giants under government conservatorship, together owned 182,212 foreclosed properties as of the end of September. While they aggressively market and sell these homes to investors and owner-occupants alike, the numbers are still too … Continue reading

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US Treasury Forcing Mortgage Principal Forgiveness

Late Friday the U.S. Treasury Department announced a major expansion of its Home Affordable Modification Program (HAMP). The three-year-old program has been largely deemed unsuccessful, as it has provided just about 750,000 borrowers with permanent loan modifications. The initial expectation … Continue reading

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State of the Union Preview: Housing and Fairness Don’t Connect

If the theme of tonight’s State of the Union address is fairness, then President Obama would be wise to steer clear of housing; most of the proposals to fix the nation’s still struggling real estate market are intrinsically unfair to … Continue reading

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Bulk Foreclosure Sales Could Cause Bigger Bank Write-Downs

As government, federal regulators and big-money private investors try to figure out a plan for bulk sales of foreclosed properties, big banks are already making deals, but they are few and far between. The trouble is, they are looking at … Continue reading

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Government Set to Sell Foreclosures in Bulk

The Obama administration, in conjunction with federal regulators and led by the overseer of Fannie Mae and Freddie Mac, is very close to announcing a pilot program to sell government-owned foreclosures in bulk to investors as rentals, according to administration … Continue reading

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