Archive for October, 2013


Freddie Mac mandates banks for its second risk-sharing MBS

By Adam Tempkin Wed Oct 30, 2013 10:38am EDT NEW YORK, Oct 30 (IFR) – Government-sponsored mortgage-finance company Freddie Mac has mandated Barclays as sole bookrunner on its second risk-sharing mortgage-backed security, a US$630m trade that is expected to price early next week. Barclays, along with Morgan Stanley, will be the joint lead underwriters on […]

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Fannie Mae sells $500 mln in bills at higher rates

Wed Oct 30, 2013 10:06am EDT Oct 30 (Reuters) – Fannie Mae, the largest U.S. home funding source, said on Wednesday it sold $500 million of benchmark bills at higher interest rates compared with last week’s sale of similar maturities. Fannie Mae said it sold $250 million of three-month bills due Jan. 29, 2014 at […]

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Fannie Mae sells $500 mln in bills at higher rates

Should Fed Start to Taper Stimulus Now?Hot Stock Minute How wise would it be for the Fed to start tapering its stimulus right now? We know it’s not likely, but BlackRock’s …

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Freddie Mac Securitizes $1 Billion of HAMP Performing Mortgage Loans

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Marin Realtors CEO leaves for Beverly Hills

Edward Segal, top executive of the 1,400-member Marin Association of Realtors, plans to resign to head the 7,000-member Beverly Hills/Greater Los Angeles Association of Realtors. Edward Segal Mr. Segal served as chief executive officer for 10 years and plans to step down Oct. 31 but remain as an advisor until Dec. 10, according to an […]

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Realtors(R) Advocate Housing Finance System Overhaul That Protects Taxpayers and Access to Credit

WASHINGTON, DC–(Marketwired – Oct 29, 2013) – As lawmakers debate how best to reform the secondary mortgage finance market, they must ensure that any new system retains access to safe, secure and affordable sources of mortgage capital for creditworthy consumers in all market conditions or risk a major disruption to the economy, warned the National […]

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Freddie Mac: Mortgage Serious Delinquency rate declined in September, Lowest since April 2009

Freddie Mac reported that the Single-Family serious delinquency rate declined in September to 2.58% from 2.64% in August. Freddie’s rate is down from 3.37% in September 2012, and this is the lowest level since April 2009. Freddie’s serious delinquency rate peaked in February 2010 at 4.20%. These are mortgage loans that are “three monthly payments or more […]

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Vail Realtors receive awards

VAIL — This year at the Colorado Association of Realtors’ annual convention in Denver, members of the Vail Board of Realtors received various recognition and awards. “I think I speak for all of our organization in saying that we are extremely proud of the recognition that our members Amy Dorsey, Terry Nolan and Julie Retzlaff […]

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Home sales decline seen as rates rise

Parent of iAB Bank posts earnings slip Independent Alliance Banks Inc. has reported third-quarter earnings of $2.01 million, or 49 cents per common share, a 12 percent decrease from the $2.29 million, or 56 cents a share, posted for the same three months of 2012. The Fort Wayne-based holding company for iAB Financial Bank reported […]

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Kroll Bond Rating Agency Affirms Ratings on FREMF 2012-K711 and Releases Surveillance Report

NEW YORK–(BUSINESS WIRE)– Kroll Bond Rating Agency (KBRA) affirmed all of its outstanding ratings for seven classes of FREMF 2012-K711 mortgage pass-through certificates and four classes of Freddie Mac structured pass-through certificates (SPCs), Series K-711, a $1.4 billion CMBS multi-borrower transaction. The transaction is collateralized by 76 fixed-rate commercial mortgage loans that are secured by […]

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