Archive for April, 2014


Freddie Mac Extends Disaster Relief to Eligible Borrowers Harmed by Arkansas Storms

MCLEAN, VA–(Marketwired – Apr 30, 2014) – Freddie Mac’s (OTCQB: FMCC) full menu of relief policies for borrowers affected by disaster is being extended to homeowners whose homes were damaged or destroyed by the powerful storm that swept through Arkansas and other states. Freddie Mac’s disaster relief policies are targeted to borrowers with homes in […]

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Why did pending home sales rebound after a slow start to 2014?

Pending home sales are a forward indicator of residential real estate sales The Pending Home Sales Index is put out by the National Association of Realtors (the NAR). It tracks the number of home sales under contract. This tends to lead the actual home sales data by a few months. Home sales data is an […]

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Fannie Mae, Freddie Mac may need $190 billion in big downturn -regulator

(Adds comment from Freddie Mac) By Margaret Chadbourn WASHINGTON, April 30 (Reuters) – U.S. mortgage financiers Fannie Mae and Freddie Mac may require as much as $190 billion in additional taxpayer aid if the economy suffers a severe downturn, their regulator said on Wednesday. The Federal Housing Finance Agency, which oversees the two taxpayer-owned companies, […]

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High Country Association of Realtors: Late Winter Doesn’t Hamper Home Sales

April 28, 2014. Local realtors sold more than 100 homes last month, the second time since 2008 they’ve surpassed that mark that early in the year. The sales came despite a month of heavy winter weather. They could have been aided by a growing demand nationally for vacation homes, which is hitting an eight-year high. […]

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Piedmont CA Real Estate Agent Broker Anian Tunney Comments on 2013 Vacation and Investment Property Purchases

Piedmont, CA (PRWEB) April 29, 2014 In early April, the National Association of Realtors® (NAR) released the results of their 2014 Investment and Vacation Home Buyers Survey(1). This annual survey shows that the purchase of vacation homes increased by almost 30% from 2012 to 2013 while the purchase of investment properties fell by 8.5% over […]

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Freddie Mac to Purchase and Securitize Manufactured Housing Community Loans

MCLEAN, VA–(Marketwired – Apr 30, 2014) – To provide more capital for affordable rural housing, Freddie Mac (OTCQB: FMCC) Multifamily will begin purchasing and securitizing Manufactured Housing Community (MHC) loans. These will be commercial loans made to the community owners who own the land on which the homes reside. Quotes attributable to David Brickman, executive […]

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Major redevelopment that would have displaced Billy Goat Tavern is scrapped

Fans of the Billy Goat Tavern no longer have to worry about where to get their fix of cheeseburgers and chips. The National Association of Realtors  confirmed Tuesday it has scrapped a plan to raze its existing headquarters building on North Michigan Avenue and redevelop the block, a project that would have at least temporarily […]

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Realtor building project scrapped

Fans of the Billy Goat Tavern no longer have to worry about where to get their fix of cheeseburgers and chips. The National Association of Realtors  confirmed Tuesday it has scrapped a plan to raze its existing headquarters building on North Michigan Avenue and redevelop the block, a project that would have at least temporarily […]

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Fannie Mae, Freddie Mac Senate Vote Delayed Amid Concerns

The US Senate Bankine Committee indefinitely delayed a vote to dismantle Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) amid disagreements between Democrats over the measure and a mounting campaign to keep the mortgage buyers alive. Fannie Mae, Freddie Mac: Television ad campaign kicks […]

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Senators Delay Action on Fannie Mae Amid Democrats’ Rift

Prospects for a bipartisan housing-finance overhaul dimmed as Democrats on a U.S. Senate panel struggled to reach consensus on how to replace Fannie Mae (FNMA) and Freddie Mac. (FMCC) After a year of delicate bipartisan negotiations on a bill, Democrats on the 22-member Senate Banking Committee remained divided on issues including lending in disadvantaged communities, […]

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