Archive for March, 2015


Fannie Mae Continues Push for MF Sustainability

Fannie Mae headquarters WASHINGTON, DCFor years, the financial case for sustainability has been strictly one of common sense — but backed up by plenty of rigorous financial studies: by building and maintaining sustainable buildings, the owners and tenants save energy and maintenance costs. Lately, though, the financial incentives have become more direct, thanks to Fannie […]

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Fannie Mae, Freddie Mac MSR Portfolio with $10 Billion in UPB Up for Sale

Residential mortgage servicing rights sales and valuation advisory services provider MountainView Servicing Group announced Monday that it is acting as adviser for the sale of a Fannie Mae and Freddie Mac mortgage servicing rights (MSR) portfolio with an unpaid principal balance (UPB) of about $10 billion. According to MountainView’s announcement, features of the bulk servicing rights portfolio include […]

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Freddie Mac Sells Record-Setting $985 Million of Deeply Delinquent Loans

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68% of international buyers hail from Latin America, led by Venezuela …

The Miami skyline The South Florida real estate market experienced its fourth straight year of record-breaking sales, fueled by a continuing surge of wealthy Latin America buyers, according to a report released Friday, conducted by the National Association of Realtors for the Miami Association of Realtors. “The difference between Miami today and Miami of a […]

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Tucson, Phoenix face growing gap between income and rent hikes

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Tucson faces growing gap between income, rent hikes

A new report shows Tucson and Phoenix-area renters have had to deal with a double whammy: Dwindling or stagnant incomes coupled with significant rent hikes. The report, released by the National Association of Realtors, indicated the two metro areas are among those where the gap between rental costs and household income is increasing. “It’s something […]

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The Austrian Fannie Mae

The moratorium imposed by the Austrian Financial Markets Authority (FMA) on debt service by the failed bank Heta (Hypo Alpe Adria) has had an unfortunate effect on another Austrian bank. Specifically included in the moratorium, and therefore liable for a sizeable haircut, is 1.2bn EUR owed to Pfandbriefbank Oesterreich. Pfandbriefbank Oesterreich is no ordinary bank. […]

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The Austrian Fannie Mae

The moratorium imposed by the Austrian Financial Markets Authority (FMA) on debt service by the failed bank Heta (Hypo Alpe Adria) has had an unfortunate effect on another Austrian bank. Specifically included in the moratorium, and therefore liable for a sizeable haircut, is 1.2bn EUR owed to Pfandbriefbank Oesterreich. Pfandbriefbank Oesterreich is no ordinary bank. […]

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Former Freddie Mac executive will lead FHA

Fri Mar 27, 2015 07:20 PDT A former Freddie Mac executive has been picked to lead the Federal Housing Administration (FHA), according to several media reports. The Obama Administration plans to name Ed Golding, a senior advisor with the U.S. Department of Housing and Urban Development, media outlets have reported based on internal HUD memos. […]

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Freddie Mac completes largest sale ever of seriously delinquent loans

Freddie Mac sold 5,398 deeply delinquent non-performing loans from its mortgage investment portfolio on March 25th, making it the largest sale ever of seriously delinquent loans from its portfolio. Although the loans were offered as three separate pools of mortgage loans, GCAT Management Services was the winning bidder on all three pools. The loans have […]

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