Archive for April, 2016


NAR Video Spotlight: Window to the Law—New Effort to Combat Money Laundering

Editor’s Note: This is part of a monthly video series from the NATIONAL ASSOCIATION OF REALTORS® to inform and educate members about important aspects of being a REALTOR®. Watch for this series each month in RISMedia’s Daily e-News. The NATIONAL ASSOCIATION OF REALTORS® (NAR) recent Window to the Law video highlights the Treasury Department’s Financial […]

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Fannie Mae gives “transactors” credit for good behavior

(Credit: Investopedia) Are you a “transactor” or a “revolver” when it comes to your credit? Terms like these never have mattered much to home buyers seeking a mortgage. You’ve probably never heard of them. Yet they are about to become more important to millions of mortgage seekers, and could even help determine whether you qualify […]

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Freddie Mac Prices $732 Million Multifamily K-Deal, K-C01

MCLEAN, VA–(Marketwired – Apr 25, 2016) –  Freddie Mac (OTCQB: FMCC) recently priced a K-C Series offering of Structured Pass-Through Certificates (K Certificates), which are multifamily mortgage-backed securities. The company expects to issue approximately $732 million in K Certificates (K-C01 Certificates), which are expected to settle on or about May 4, 2016. The K-C01 Certificates […]

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Freddie Mac: Mortgage Rates Rise For 2nd Straight Week

Mortgage Rates Rise, Remain Ultra-Low Mortgage rates — they’ve climbed for two straight weeks, but remain ultra-low and accessible for buyers and refinancing households. According to Freddie Mac, mortgage rates climbed 7 basis points (0.07%) this week, and are holding beneath 3.75% for the 13th straight week. Rates have steadily declined since the New Year. For today’s home buyers, falling […]

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Freddie Mac may need another taxpayer bailout next week

Bloomberg Freddie Mac FMCC, -1.21%  is expected to report a loss when it announces first quarter earnings before the bell on Tuesday. That’s bad news for any public company, but especially critical for the mortgage provider because of its tangled history with the federal government. Freddie and its counterpart, Fannie Mae FNMA, -0.58% were put […]

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NAR: Home Sales Surging, Spring Housing Market Strong

Pending Home Sales Index Hits 10-Month Best The 2015 housing market was exceptional one. 2016 may finish even better. According to the National Association of REALTORS®, the March 2016 Pending Home Sales Index posted above its year-ago levels; and the index continues to read above its benchmark value of 100. A home sale is “pending” once it’s under contract […]

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RTO+P creates real estate emojis for California Association of Realtors

To try and make the home-buying process a little more fun, RTO+P has created real estate-themed emojis for the California Association of Realtors (C.A.R.). The CARmojis app, which is available for iPhones and is coming soon to Android, was designed to help realtors market themselves and connect with their customers in a more personal way. […]

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Greystone Provides $45.5 Million in Fannie Mae Financing for Two Phoenix Multifamily Communities

NEW YORK, April 27, 2016 (GLOBE NEWSWIRE) — Greystone, a real estate lending, investment and advisory company, today announced it has provided two Fannie Mae DUS® loans totaling $45,565,000 for the refinancing of 1,009 units in Phoenix, AZ. The loans were originated by Tony Spaeth of Greystone. Both Fannie Mae DUS loans carry identical terms […]

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Indian Mortgages Down for 2015 Per Fannie Mae

Federal mortgage agency Fannie Mae bought fewer mortgages to American Indians and Alaska Natives during 2015, according to a report it made to Congress and its regulator, the Federal Housing Finance Board. Fannie Mae purchased 10,734 mortgages made to Indians last year with an unpaid principal balance of $2.45 billion, the agency reported. That was […]

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Housing Market Shows Positive Trends According to Freddie Mac Multi-Indicator Market Index

MCLEAN, VA – Freddie Mac released its Multi-Indicator Market Index (MiMi), showing that many of the nation’s housing markets continue to improve with one more state, Michigan, returning to its historical benchmark level of housing activity. The national MiMi value stands at 83, indicating a housing market that’s on the outer range of its historic […]

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