Archive for March, 2014


Arbor Commercial Mortgage Named Newest Freddie Mac Program Plus® Lender

UNIONDALE, N.Y.–(BUSINESS WIRE)– Arbor Commercial Mortgage, LLC (“Arbor”), a national, direct commercial real estate lender, has been approved by Freddie Mac’s as its newest Program Plus® multifamily lender and in-house servicer. Freddie Mac’s Program Plus network is a highly selective group of experienced multifamily lenders with more than 150 branches across the nation. Program Plus […]

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Realtors’ playbook to help homeless students, families

Staff photo by Bill Green Realtors’ playbook to help homeless students, families The Frederick County Association of Realtors are in the process of creating a resource guide to help them find affordable housing for homeless students and their families. The FCAR Affordable Housing Committee will coordinate the program. Committee members from left are Steve Jarvis, […]

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Young people still renting instead of buying

The housing market has been sluggish since the “Great Recession,” and so far, this year is no exception. Experts say part of the reason could be that Millennials are still living at home instead of buying their own places the way previous generations did. In fact, the percentage of young people staying at home was […]

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Freddie Mac helps gauge state housing market health

Spring means the real estate industry is heading into the busy season for the home sales market. Just in time, Freddie Mac has just launched a program to lessen the guessing game when looking at the health of housing markets. The federal home mortgage company is offering a tool named Freddie Mac Multi-Indicator Market Index, […]

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NAR Power Broker Roundtable: The CFPB’s 3 Percent Cap: What’s ahead for …

The Power Broker Roundtable is brought to you by the National Association of Realtors® and Steve A. Brown, NAR’s Liaison for Large Residential Firms Relations. Moderator: Steve A. Brown, Liaison for Large Residential Firms Relations, NARPanelists: Mark Steele, Pres., Financial Services, Howard Hanna Real Estate, Union, N.J.Gerry Griesser, President, Trident Group, BHHS Fox Roach, Phila., […]

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Pending home sales drop for eighth straight month

WASHINGTON — The number of Americans who signed contracts to buy homes fell for the eighth straight month in February, a sign that real estate sales will likely slow over the next few months. The National Association of Realtors said this week that its seasonally adjusted pending home sales index dropped 0.8 percent to 93.9. […]

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Fitch Expects to Rate Freddie Mac Structured Agency Credit Risk 2014-DN2 Debt Notes; Presale Issued

NEW YORK–(BUSINESS WIRE)– Link to Fitch Ratings’ Report: Structured Agency Credit Risk Debt Notes, Series 2014-DN2 (US RMBS)http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=743776 Fitch Ratings expects to assign the following ratings and Rating Outlooks to Freddie Mac’s fourth risk transfer transaction: Structured Agency Credit Risk debt notes series 2014-DN2 (STACR 2014-DN2): –$230,000,000 class M-1 notes ‘Asf’; Outlook Stable;–$230,000,000 class M-1F […]

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National Association of Realtors: Millennials partly to blame for sluggish …

(NBC) – Home sales are off to a sluggish start this year and predicted to be even more sluggish in the months to come. Analysts say young people are partly to blame for it. “Young people are still living in their parents’ homes since the recession, and they haven’t really started to move out of […]

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10 things your real-estate agent won’t tell you

1. “I’m using your house to sell myself.” U.S. home prices have rebounded to mid-2004 levels, according to the latest SP/Case-Shiller home price survey, and though monthly gains are slowing, this spring — traditionally the prime home-buying season — looks to be a sellers’ market. That’s good news for real-estate agents as well. A 2013 […]

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Fannie Mae REO Purchase Incentives Extended

Strong response to an earlier limited incentive offer for home buyers has prompted the Fannie Mae HomePath® Program to briefly extend the offer’s deadline.  HomePath is the marketing program for Fannie Mae’s foreclosed properties (REO). Its FirstLook period gives potential owner-occupants or public entity buyers the first 20 days after a property is cleared for […]

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