Archive for March, 2014


Morning Morning Cup of Coffee: Fannie Mae to fine mortgage servicers

Monday Morning Cup of Coffee takes a look at news across HousingWire’s weekend desk, with more coverage to come on bigger issues. Let’s regulate our way to prosperity! That seems to be the approach these days. Now comes the federalization of home appraisers. The Federal Register last week announced the arrival of something the appraisal […]

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Monday Morning Cup of Coffee: Fannie Mae to fine mortgage servicers

Monday Morning Cup of Coffee takes a look at news across HousingWire’s weekend desk, with more coverage to come on bigger issues. Let’s regulate our way to prosperity! That seems to be the approach these days. Now comes the federalization of home appraisers. The Federal Register last week announced the arrival of something the appraisal […]

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BofA settlement: $9.5B to settle Fannie Mae and Freddie Mac claims

March 27 (UPI) — Bank of America agreed Wednesday to pay $9.5 billion to settle claims by government-sponsored mortgage finance giants Fannie Mae and Freddie Mac. The settlement is compensation the two lenders demanded in exchange for losses on securities backed by faulty loans during the housing boom. Bank of America said the settlement would […]

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Home sales is this week’s Lunch and Learn topic

<!–Saxotech Paragraph Count: 11–> With taxable values finally starting to rise, Garden City seniors have a chance to learn about selling a home. “Smart Move – Knowing Your Market Area and How to Make Your Home More Highly Saleable” is the topic for the 12:15 p.m. Wednesday, April 2, Lunch and Learn program at the […]

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Local Realtors reaffirm pledge to uphold fair housing laws

As outspoken supporters for fair housing issues and homeownership, the Ventura County Coastal Association of Realtors will join the nation as it honors Fair Housing Month in April. For more than 100 years Realtors have promoted and protected the dream of property ownership for millions of Americans and strongly support the Fair Housing Act that […]

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REALTORS Federal Credit Union Helps REALTORS Manage Business and Grow

Whether running a sole proprietorship, small business, partnership or corporation, members of the National Association of REALTORS® (NAR) are managing and growing their businesses with the help of the REALTORS® Federal Credit Union, a Division of Northwest Federal Credit Union. As a not-for-profit cooperative financial institution, owned and operated by its members, the Credit Union […]

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Flood insurance more costly for many

Posted: Sunday, March 30, 2014 12:00 am | Updated: 12:09 am, Sun Mar 30, 2014. Flood insurance more costly for many By KIM COOPER/Special to The Press The Coeur d’ Alene Press | 0 comments We learned this past week that the flood insurance subsidies that the National Association of Realtors fought so hard for was […]

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Bank of America settles with Fannie Mae and Freddie Mac for $9.3 billion

It’s Bank of America’s turn to settle with Fannie Mae and Freddie Mac over faulty mortgage bonds stemming from the financial crisis, and the price tag is a lofty one: $9.3 billion. The bank announced the settlement on March 26. It will include a $6.3 billion cash payment to the home-loan financiers, while the rest […]

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Breaking Down The Fannie Mae, Freddie Mac Lawsuits

With more than 19 overlapping cases, most in early stages, litigation is just getting started While most of the recent focus on Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) reform has focused on the Crapo-Johnson plan that was recently announced and could ultimately […]

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How to save the housing market – save Fannie Mae and Freddie Mac

Look down your street: chances are, there’s a neighbor whose mortgage is held by Fannie Mae or Freddie Mac. In Washington, policy wonks and lawmakers have been debating, with glacial slowness, whether that should come to an end. Fannie and Freddie are the outgrowth of the New Deal belief that housing is a public good, […]

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