Archive for September, 2015


Freddie Mac: Alabama, Birmingham housing markets improving

Both Alabama and its largest metro have seen improvement in the housing market over the past quarter, according to a new report from Freddie Mac.  Alabama and Birmingham showing signs of improving housing markets this past month.   Freddie Mac released its Multi-Indicator Market Index last week, and while the state and Birmingham remain in […]

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Modified Fannie Mae and Freddie Mac Loans Perform Better When Done Through HAMP

Single-family mortgage loans backed by Fannie Mae and Freddie Mac perform better after modification when they are modified through the government’s Home Affordable Mortgage Program (HAMP), according to the FHFA‘s Foreclosure Prevention Report for Q2 2015 released this week. The Department of Treasury launched HAMP in February 2009 during the worst period of the housing crisis as […]

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2015 Realtor® Good Neighbor Award Winners Bring Positive Change to Communities

WASHINGTON, Sept. 30, 2015 /PRNewswire/ — Over the last 16 years, the Good Neighbor Awards have recognized Realtors® from across the nation who dedicate countless volunteer hours to improve the lives and wellbeing of their neighbors. The five individuals named as this year’s REALTOR® Magazine Good Neighbor Award winners embody this incredible commitment to helping […]

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U.S. Pending Home Sales Dip in August, Says NAR

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Feel @Home Realty Addresses Concerns Highlighted in National Association of …

Morristown, NJ, September 30, 2015 –(PR.com)– The National Association of Realtors (NAR) released its D.A.N.G.E.R. Report in May 2015 highlighting the challenges realtors face. While many are uncertain how to address these challenges, Charles J. Hendershot solves them head on before the industry becomes obsolete and irrelevant. Mr. Hendershot is the founder and CEO of […]

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RED Closes $11.1M Fannie Mae Refinance for MBK Community in Utah

Chancellor Gardens of Clearfield is an assisted living and memory care community in Clearfield about 25 miles north of Salt Lake City. CLEARFIELD, UTAH — RED Mortgage Capital, the proprietary mortgage banking arm of RED Capital Group LLC, has closed an $11.1M Fannie Mae loan for MBK Senior Living to refinance Chancellor Gardens of Clearfield, […]

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Bob Corker’s “Jump Start GSE Reform” Will Only Prolong the Conservatorship of …

Bob Corker’s “Jump Start GSE Reform” Will Only Prolong the Conservatorship of Fannie Mae and Freddie Mac Today’s Washington Post editorial “A New Housing Finance System” threw support behind legislation being championed by Senator Bob Corker (R-TN) that would prevent Treasury from selling any of its preferred equity in Fannie Mae / Federal National Mortgage […]

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Freddie Mac Continues to Reduce Credit R …

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Freddie Mac continues reducing credit risk with new insurance policies

Freddie Mac announced Monday that it obtained an additional insurance policy designed to cover much of the remaining credit risk associated with one of its Structured Agency Credit Risk transactions from earlier this year. Freddie Mac obtained the insurance policy under its Agency Credit Insurance Structure, which is intended to attract private capital from non-mortgage […]

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Home prices in July rose 5% from a year ago

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