Archive for November, 2015


Freddie Mac: Mortgage rates drift lower

Mortgage rates reported little change for the week, with the average 30-year fixed mortgage rate staying just barely below 4%, Freddie Mac Primary Mortgage Market Survey said. The average 30-year fixed rate mortgage has been below 4% since the week of July 23rd of this year, which is helping homebuyer affordability in the face of […]

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Bob Khlasa: Freddie Mac Warns Buyers of Credit Scam

Freddie Mac issued a warning recently for prospective homebuyers about scams that try to entice them with promises of raising their credit score in exchange for money. Consumers eager to buy a home — especially those hurt by the housing crisis of last decade — are too easily lured by the promise of an improved […]

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Mortgage rates decline, Freddie Mac says

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NAR economist: Silicon Valley is Florence of ‘tech renaissance’

Economists impressed with Silicon Valley’s economic growth since the recession have described the region as “special,” and the National Association of Realtors’ chief economist had a particular comparison at a recent meeting. “Silicon Valley is the Florence of the technology renaissance,” Lawrence Yun told members of the Silicon Valley Association of Realtors at their annual […]

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Ask the Realtor: Auction, Short Sale and Fannie Mae Properties

What are the differences and what are the risks of properties being sold by Auction, Short Sale or Fannie Mae? Auction properties are represented by Real Estate agents who are representing a third party on a property generally below market value. However the risks can be costly. You are purchasing an “as is” property which […]

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Amid Delays In Fannie Mae, Freddie Mac Reform, Frustration And Litigation Flourish

Amid Delays In Fannie Mae, Freddie Mac Reform, Frustration And Litigation Flourish by: Amanda Maher Fannie Mae and Freddie Mac were the focus of much debate again over this past week. Writing for Fortune, Roger Parloff got the conversation started with his provocative article “How Uncle Sam Nationalized Two Fortune 50 Companies”. Shortly thereafter, a […]

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Moody’s assigns definitive ratings to Freddie Mac Whole Loan Securities Trust …

New York, November 23, 2015 — Moody’s Investors Service, (“Moody’s”) has assigned definitive ratings to three classes of residential mortgage-backed securities (RMBS) issued by Freddie Mac Whole Loan Securities Trust, Series 2015-SC02 (FWLS 2015-SC02). The ratings range from A2 (sf) to Ba1 (sf). The certificates are backed by two pools of fixed-rate super conforming prime […]

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Fitch Affirms Freddie Mac 2014-K41 and Freddie Mac Structured Pass-Through …

NEW YORK–(BUSINESS WIRE)–Fitch Ratings has affirmed six classes of Freddie Mac 2014-K41 multifamily mortgage pass-through certificates along with three classes of Freddie Mac structured pass-through certificates, K-041. A detailed list of rating actions follows at the end of this release. KEY RATING DRIVERS The affirmations of Freddie Mac 2014-K41 are based on the stable performance […]

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US existing home sales fall more than expected in October

Housing is being supported by a strengthening labor market, which is boosting household formation by encouraging young adults to leave parental homes. It, however, remains constrained by a persistent shortage of houses for sale, which has driven up prices and sidelined first-time buyers. Economists had forecast sales falling to a rate of 5.40 million units […]

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Will Fannie Mae Deal Boost Credit Bureau TransUnion? TRU FNMA EFX

Since its initial public offering on June 25, credit reporting agency TransUnion has moved full speed ahead to assure that it stays on the right growth trajectory. That trajectory encompasses several growth areas for TransUnion (NYSE:TRU), which provides risk and information services to businesses and consumers. Businesses use its information services for a number of […]

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