Archive for December, 2015


More Millennial Homeowners Plausible: Fannie Mae

If the young adult homeownership rate continues to stabilize, expected population growth will generate a faster increase in young homeowners than experienced during the housing boom of 2000 to 2005. Projections generated by Fannie Mae reported the good news in its latest edition of Housing Insights.

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Fannie, Freddie give birth to new mortgage bond

The federal government is trying to get taxpayers off the hook for billions of dollars of potential losses if another mortgage crisis arrives – and in the process, it’s quietly giving birth to a new asset class. Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) next year plan to ramp up sales of new types of […]

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Freddie Mac’s Five housing Predictions for 2016

2015 Digital Edition THE RESILIENCE ISSUE: The Greenbuild Unity Home strives to offer a sustainable design, high-performance construction, and rapid assembly at a market-ready price. Subscribe

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Fannie and Freddie ramping up sales of new type of RMBS

From left: Timothy Mayopoulos and Donald Layton With the goal of saving taxpayers billions of dollars in losses in the event of another mortgage crisis, Fannie Mae and Freddie Mac are planning to ramp up the sale of new types of securities that would transfer potential losses in a housing downturn to private investors. The […]

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Capital One Closes Freddie Mac Loan to Refinance Manufactured Housing Community

Capital One announced it has provided an $11.719 million Freddie Mac adjustable-rate loan to refinance Starlight Mobile Home Park, a 162-space, seniors-only manufactured housing community (MHC) in El Cajon, California, in San Diego County. Senior Vice President Chad Thomas Hagwood originated the transaction.  Hagwood leads Capital One Multifamily’s Birmingham, Alabama, office.  The borrower purchased the […]

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Freddie Mac Casts Housing Predictions for 2016

As 2015 enters its final stretch this week, various mortgage groups have been casting their predictions for the housing market in 2016, the latest of which come from Freddie Mac’s Insight Outlook for December and the year ahead. Freddie Mac reviews the likely impact of the Federal Reserve’s long-awaited decision to raise short-term interest rates […]

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Local realtor group merges with Brunswick association

First Posted: 3:59 pm – December 26th, 2015 Staff report  Purchase Photos Contributed photo | Recently sworn-in members of the Lumberton chapter of the Brunswick County Association of Realtors include Richard Barnes, president; Mira Kenny, secretary and treasurer; and Mark Sessions, president-elect. Close <!– Email–> <!– Print–> QR Favorite Font Size: LUMBERTON — The Lumberton […]

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Realtors Join Forces With Boys & Girls Clubs of America

SPONSORED CONTENT FROM AND What’s this? By Eli Zimmerman / Dec 11, 2015 (YouTube screenshot) The National Association of Realtors has announced it will join the youth development nonprofit organization to help strengthen communities across the country. The country’s largest professional association wants to do more to reach out to local communities. That makes sense, […]

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Fannie Mae TBAs Fell by 9 Ticks

Fannie Mae TBAs Fell by 9 Ticks Fannie Mae and the TBA market When the Fed 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. Enlarge […]

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Fannie Mae proposal is a recipe for disaster

Politics makes strange bedfellows; when you mix politics with money, it makes for unholy alliances. Case in point: the push by Wall Street hedge funds and low-income-housing advocates to “recapitalize and release” Fannie Mae and Freddie Mac, the collapsed public-private mortgage-finance giants, which were nursed back to profitability with the help of $188 billion in […]

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