Archive for February, 2015


Fannie Mae and Freddie Mac Just Made Another $1.5 Billion — But …

Source: Futureatlas.com Fannie Mae  and Freddie Mac  recently reported their 12th consecutive quarterly profit, but thanks to the conditions of their 2008 bailouts none of this money will make its way into shareholders’ pockets. Promising results from both agencies For the fourth quarter, Fannie Mae and Freddie Mac reported earnings of $1.3 billion and $227 […]

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Fannie Mae’s Gross Mortgage Portfolio Experiences Rare Monthly Expansion

Fannie Mae‘s Book of Business decreased in January, but the GSE’s gross mortgage portfolio experienced a rare expansion, according to Fannie Mae’s January 2015 Monthly Volume Summary released Friday. After dropping by almost $11 billion from November to December and declining in 53 of the last 54 months, Fannie Mae’s gross mortgage portfolio expanded in […]

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Fannie Mae Releases January 2015 Monthly Summary

WASHINGTON, Feb. 27, 2015 /PRNewswire/ — Fannie Mae’s (OTC Bulletin Board: FNMA) January 2015 Monthly Summary is now available. The monthly summary report contains information about Fannie Mae’s monthly and year-to-date activities for our gross mortgage portfolio, mortgage-backed securities and other guarantees, interest rate risk measures, serious delinquency rates, and loan modifications. Fannie Mae enables people […]

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Ginnie Mae securities sell off with bonds, losing 7 ticks

Real estate investors, watch for the FOMC minutes (Part 6 of 6) (Continued from Part 5) Ginnie Mae and the to-be-announced market The Fannie Mae to-be-announced (or TBA) market represents the usual conforming loan, the plain Fannie Mae or Freddie Mac 30-year mortgage. Meanwhile, Ginnie Mae TBAs are where government loans go, such as the […]

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Freddie Mac’s Mortgage Portfolio Contracts; Serious Delinquency Rate Hits 6 …

Freddie Mac‘s total mortgage portfolio contracted to start 2015 after ending 2014 with hits highest annualized growth rate for a single month in five years while the serious delinquency rate for the Enterprise’s loans fell to a six-year low, according to the Freddie Mac’s January 2015 Monthly Volume Summary released Thursday. The mortgage portfolio contracted at an annualized […]

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Freddie Mac Finds Loan Data with Mobile App

By Clint Boulton Reporter Freddie Mac Freddie Mac says it quickly developed a mobile app to help its staff purchase apartment loans in the secondary mortgage market, where it competes with other loan-pooling groups such as Freddie Mae, a rival government-sponsored enterprise.

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Kill Off Fannie Mae, Freddie Mac and You Kill the 30-Year Mortgage as Well

If your browser does not automatically forward you to http://business-news.thestreet.com/philly/story/kill-fannie-mae-freddie-mac-and-you-kill-the-30-year-mortgage-well/1, please click here.

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Realtors welcome FCC’s ‘net neutrality’ stance

The National Association of Realtors is welcoming FCC rules protecting “net neutrality,” saying that allowing “paid prioritization” of Internet traffic would have “created a two-tiered Internet and put Realtors and other small-business owners at a competitive disadvantage.” Realtors are increasingly reliant on the Internet to serve their clients using mobile apps, streaming video and Voice […]

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Signed contracts to buy US homes rise to 18-month high

WASHINGTON (AP) — The number of Americans signing contracts to buy homes rose at a healthy pace in January, a sign that home sales are poised to accelerate after a slow start to the year. The National Association of Realtors said Friday that its seasonally adjusted pending home sales index increased 1.7 percent to 104.2 […]

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Pending Home Sales at 18-Month High

By Paul Ausick February 27, 2015 10:40 am EST The National Association of Realtors (NAR) Thursday morning released its data on pending sales of existing homes for January. The pending home sales index rose 1.7% from an upwardly revised index reading of 102.5 in December to the January reading of 104.2. That is 8.4% higher […]

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