Archive for May, 2015


In Bid to Boost Business, Freddie Mac Makes Loan Prospector Free

Print Email Reprints Comment Twitter LinkedIn Facebook Google+ In what could be a sign of renewed competition between the government-sponsored enterprises, Freddie Mac will no longer charge mortgage lenders to use its Loan Prospector automated underwriting system beginning June 1. Lenders currently pay $20 to submit a mortgage application to LP to receive an automated […]

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What is a Realtor and why should I care?

Posted: Sunday, May 31, 2015 12:00 am What is a Realtor and why should I care? By DANNY DAVIS/Special to The Press The Coeur d’ Alene Press | 0 comments Congratulations! You just received your real estate license in the state of Idaho. You now have the ability to represent buyers and sellers in real estate […]

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Fay Servicing Now Approved As A Freddie Mac Special Servicer

Fay Servicing, which maximizes the value of residential loan portfolios for mortgage bankers and alternative real estate investors, is now a Freddie Mac-approved special servicer. The approval means the company can now sell conventional loans to Freddie Mac, as well as service Freddie Mac’s securities. It also gives Fay Servicing the ability to purchase the […]

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Realtor Association encouraging new safety measures

Two incidents have happened over the last few months that put some local realtors in danger while showing homes, and the West Central Association of Realtors is encouraging realtors to take extra caution while on the job. Earlier this year, a female Realtor was set to show a home in a rural area in Benton […]

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National Association of Realtors gives placemaking grants to Norwich …

Posted May 29, 2015 at 2:20 PM Norwich, Conn.

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REIT Outlook: Fannie Mae Securities Close at 104 1/32

REIT Outlook: Fannie Mae Securities Close at 104 1/32 Fannie Mae and the to-be-announced market When the Federal Reserve talks about buying MBS (mortgage-backed securities), it’s referring to the TBA (to-be-announced) market. The TBA market allows loan originators to take individual loans and turn them into a homogeneous product they can trade. TBAs settle once a month. […]

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Fannie Mae Releases April 2015 Monthly Summary

WASHINGTON, May 29, 2015 /PRNewswire/ — Fannie Mae’s FNMA, -0.39% April 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 to buy, […]

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Freddie Mac: Rising apartment rents are turning more renters into homeowners

Freddie Mac: Rising apartment rents are turning more renters into homeowners May 27, 2015  |  Dan Rafter  |  Print Article  |  Email this Article Are U.S. adults buying more homes now that apartment rents are on the rise? It doesn’t look like it. According to the latest research from Freddie Mac, most renters are staying […]

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August Selected to Join National Association of Realtors® REach® Accelerator …

SAN FRANCISCO–(BUSINESS WIRE)–August has been selected by the National Association of Realtors’ (NAR) strategic investment arm, Second Century Ventures, to join its REach® growth technology accelerator program. Out of hundreds of applicants, August was chosen to join a select group of eight companies, which span across home services, personal security, real estate lending, and more. […]

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Pending Sales of Existing Homes in U.S. Increased 3.4% in April

More Americans than forecast signed contracts to purchase previously owned U.S. homes in April, indicating a pickup in the housing market during the busy spring selling period. The index of pending home resales climbed 3.4 percent to the highest level in nine years after a revised 1.2 percent gain the prior month, the National Association […]

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