Archive for October, 2015


Sixth Freddie Mac Guaranteed Multifamily Small Balance Loan Securitization Prices

MCLEAN, VA, Oct 28, 2015 (Marketwired via COMTEX) — Freddie Mac (otcqb:FMCC) announces the pricing of the SB6 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee approximately $182 million in SB6 Certificates, which are anticipated to settle on […]

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Second Century Ventures announces the hiring and promotion of two team members

Second Century Ventures announces the hiring and promotion of two team members October 30, 2015  |  Staff Writer  |  Print Article  |  Email this Article Alex Lange Mark Birschbach   The National Association of Realtors®’ strategic investment arm, Second Century Ventures, has hired top technologist Alex Lange, former Market Leader chief technology officer, as an operating partner. SCV’s […]

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Multiple Groups Fight For Return Of Fannie And Freddie

Summary Treasury officials Lew and Weiss want to keep taking all the money from Fannie and Freddie for the Federal Government Budget Deficit raising questions regarding the purpose of capital structures. NCRC, NAACP, LULAC say that the answer does not lie in scrapping Fannie Mae and Freddie Mac. “They can and should be recapitalized; they […]

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Fannie Mae Releases September 2015 Monthly Summary

WASHINGTON, Oct. 30, 2015 /PRNewswire/ — Fannie Mae’s FNMA, +0.00% September 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 […]

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Fannie Mae’s Gross Mortgage Portfolio Sees More Substantial Contraction

Fannie Mae’s gross mortgage portfolio contracted at a compound annualized rate of 21.3 percent in September, marking the sixth consecutive month of contraction and the seventh in nine months in 2015, according to Fannie Mae’s September 2015 Monthly Volume Summary released Wednesday. Over the month, the value of the gross mortgage portfolio declined by more than $7.5 […]

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FHFA: Freddie Mac Falls Short of Low-Income Housing Goals

The Federal Housing Finance Agency in its Annual Housing Report today said that Freddie Mac failed to meet its affordable housing goals for low and very-low income buyers purchasing single-family homes in 2014. The goal was for 23 percent of loans the GSEs buy to go to households with incomes under 80 percent of their […]

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Freddie Mac’s Mortgage Portfolio Sees Eighth Straight Month of Expansion

Monthly expansion of Freddie Mac’s total mortgage portfolio was rare from 2010 to 2014. With the release of the Enterprise’s September 2015 Monthly Volume Summary on Thursday, Freddie Mac’s total mortgage portfolio has expanded for eight months in a row and 13 of the last 15 months. The total mortgage portfolio expanded at a compound […]

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Major civil rights groups join push to recapitalize Fannie Mae, Freddie Mac

Several of the largest civil rights groups in the country are joining together to call on the federal government to end the conservatorship of Fannie Mae and Freddie Mac and recapitalize the agencies, stating that an independent and fully capitalized Fannie Mae and Freddie Mac can better serve the country’s housing needs. In a letter […]

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G.G Galloway nabs endorsement from key Realtor group

The Daytona Beach Area Association of Realtors has endorsed Republican G.G. Galloway for Congress. Galloway previously served as president of that organization. “G.G. Galloway’s long history of commitment to our community and industry and his sterling reputation as a professional with the highest standards make him our clear choice for Congress,” said Nancy Ellen Otte, […]

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Neighbors look to restore dragon in Fannie Mae Dees Park

Buy Photo Travis Nicholson uses a hammer and chisel to remove some bad tiles from the dragon sculpture at Fannie Mae Dees Park on Nov. 11, 1998.(Photo: Larry McCormack / The Tennessean)Buy Photo The beloved mosaic dragon in the Hillsboro-West End neighborhood has survived decades of play, but neighbors say it needs to be rescued from […]

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