Archive for May, 2016


Freddie Mac May 2016 Insight

MCLEAN, VA–(Marketwired – May 31, 2016) – Freddie Mac (OTCQB: FMCC) released today its monthly Insight for May with a focus on rising house prices and a two-stage method that can be used to gauge house price risk. Insight Highlights House price growth has been particularly strong in recent years, averaging 5.6 percent annually according […]

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Are Banks Eliminating Fannie Mae & Freddie Mac Holdings?

Richard X. Bove, Vice President Equity Research at Rafferty Capital Markets, reviews the financials of Fannie Mae and Freddie Mac. Are Banks Eliminating Fannie Mae Freddie Mac Holdings? Is It Prudent For Them to Hold This Debt? Reviewing the Available-for-Sale Portfolios To do this study the regulatory SNL database for banks was used. That database […]

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Non-Profit Buys Pool Of Delinquent Mortgages From Fannie Mae

New Jersey Community Capital (NJCC), a nonprofit community development financial institution, is the winning bidder on Fannie Mae’s third Community Impact Pool of nonperforming loans (NPLs). Fannie Mae’s Community Impact pools are structured to attract diverse participation from non-profits, smaller investors and minority- and women-owned businesses. The transaction, which is expected to close on July […]

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Lexington Realtor® Recognized with Meritorious Service Award from National Association of Realtors®

The award was presented at the annual Realtors® Legislative Meetings Trade Expo in Washington DC WALTHAM, Mass. – May 30, 2016 – (RealEstateRama) — The Massachusetts Association of Realtors® (MAR) announced today that MAR Past President Judy Moore, a broker at the Higgins Group in Lexington, was recently presented with the 2016 Federal Political Coordinator […]

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Now Below 2016 Cap, Fannie Mae Portfolio Shrinks Further

With the value of Fannie Mae’s gross mortgage portfolio having going under its cap for 2016 in March, the value of the portfolio sank even further in April, contracting at an annual rate of 15.4 percent, according to Fannie Mae’s April 2016 Monthly Volume Summary. The contraction resulted in the unpaid principal balance of the […]

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Freddie Mac Launches Multifamily Index for Investors

Freddie Mac headquarters McLEAN, VA—Freddie Mac has debuted a multifamily index that measures how the relative value of investing in multifamily properties changes over time both nationally, as well as in certain markets. The Multifamily Apartment Investment Market Index, or AIMI, combines of three measurements — rental income, multifamily property price growth and multifamily mortgage […]

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National Association of Realtors to Zillow: Don’t come to our events

Zillow has been banned from events hosted by the National Assocation of Realtors. Photo: Shutterstock The National Association of Realtors has a blunt message for Zillow Group, the country’s leading online real estate portal: Don’t bother participating in any NAR events this year. As reported by the real estate news site Inman, the NAR has […]

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Forensic Accounting Confirmed By Discovery

Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are two companies that produce by some estimates around $15B of profit per annum that become government revenue on a quarterly basis under The Housing and Economic Recovery Act of 2008 ((HERA)). The Federal Housing Finance Agency (FHFA) has entered into agreements and amendments on behalf of the […]

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Who Are These Affordable Housing B Piece Buyers Freddie Mac Is Targeting?

Freddie Mac headquarters McLEAN, VA—Freddie Mac is no stranger to the process of creating new structures in order to bring in new institutional investors to the housing market. But with its latest offering it may have outdone itself by reaching a class of investor type that can be difficult accommodate. To recap, earlier this week […]

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Freddie Mac Prices $1.3 Billion Multifamily K-Deal Backed by Properties Controlled by Starwood Capital Group

MCLEAN, VA–(Marketwired – May 27, 2016) – Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are multifamily mortgage-backed securities. The company expects to issue approximately $1.3 billion in K Certificates (K-SW1 Certificates), which are backed by 25 properties indirectly controlled by Starwood Capital Group. The K-SW1 Certificates […]

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