Archive for January, 2017


Pending Home Sales Bounce Back in December

WASHINGTON, Jan. 30, 2017 /PRNewswire/ — Pending home sales picked up in December as solid increases in the South and West offset weakening activity in the Northeast and Midwest, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, increased 1.6 percent to 109.0 in December […]

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Ackman, Berkowitz May Not Get Their Fannie Mae Payout So Fast …

– By Holly LaFon Bill Ackman (Trades, Portfolio), who has sued to release Fannie Mae (FNMA) and Freddie Mac (FMCC) from government conservatorship, said this week he has increased confidence that the Trump administration would ensure and hasten the reform of the government-sponsored entities, a move that would further enrich him and a number of […]

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U.S. can withhold some documents in Fannie, Freddie case: court

By Jonathan Stempel (Reuters) – A federal appeals court on Monday narrowed the range of documents that the U.S. government must turn over to investors suing over its August 2012 decision to seize the profits of mortgage giants Fannie Mae (FNMA.PK) and Freddie Mac (FMCC.PK). The Federal Circuit Court of Appeals said four documents could […]

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Fannie Mae Adopts Agile Development – BaselineMag.com

The Federal National Mortgage Association uses agile development to accelerate software builds and engage in continuous development, integration and delivery. It’s clear that digital business forces the modern enterprise to operate and iterate quickly. And nowhere does this concept take on greater significance than in software development. One organization that has focused on building an […]

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Freddie Mac Reports Record Growth

Freddie Mac’s Monthly Volume Summary, which provides performance data related to its mortgage portfolios, risk management, delinquencies, debt activities, the issuance of any securities, and any other investments, has been released for December. The data shows a 10 percent increase in the growth of the mortgage portfolio for December, which is a 6.5 percent increase […]

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REALTOR® Magazine Seeks Entries for 2017 Volunteering Works …

REALTORS® not only help people buy and sell homes; they are also deeply invested in making a difference in their communities. REALTOR® Magazine is currently accepting entries for its Volunteering Works Grant and Mentoring Program, which pairs mentors with REALTORS® who want to expand their community service outreach. To be eligible, applicants must be National Association […]

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Northland housing market hotter in 2016

Here’s a look at the latest numbers from DAAR, the Minnesota Association of Realtors and the Wisconsin Realtors Association. Prices Median prices rose in many communities across the region last year, dipping only in Hermantown and Carlton and staying flat in Two Harbors compared to 2015 sales. “While people often ask if it’s a ‘seller’s’ […]

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Medford Realtor earns Angie’s List Super Service Award

Jill McTague, a Realtor with Re/Max Andrew Realty Services of Medford and Stoneham, recently earned the service industry’s coveted Angie’s List Super Service Award, reflecting an exemplary year of customer service to members of the local services marketplace and consumer review site in 2016.“Companies that can meet higher demands without missing a beat in their […]

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Ackman, Berkowitz May Not Get Their Fannie Mae Payout So Fast Under Trump

– By Holly LaFon Bill Ackman (Trades, Portfolio), who has sued to release Fannie Mae (FNMA) and Freddie Mac (FMCC) from government conservatorship, said this week he has increased confidence that the Trump administration would ensure and hasten the reform of the government-sponsored entities, a move that would further enrich him and a number of […]

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Freddie Mac Portfolio Growth at 8 Year High – theMReport.com

Freddie Mac’s Monthly Volume Summary, which provides performance data related to its mortgage portfolios, risk management, delinquencies, debt activities, the issuance of any securities, and any other investments, has been released for December. The data shows a 10 percent increase in the growth of the mortgage portfolio for December, which is a 6.5 percent increase […]

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