Archive for February, 2017


Fannie Mae Unveils Servicing Management Default Underwriter

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Fannie & Freddy: Mnuchin Reveals New Clues – Fannie Mae …

By Parke Shall with Thom Lachenmann We think that new revelations made by Steven Mnuchin and missed by most of the financial analysts reveal new clues to the future of Fannie (OTCQB:FNMA) and Freddie (OTCQB:FMCC). We think comments he made last week in interviews not only confirm that Fannie and Freddie won’t be under government […]

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Montgomery County real estate briefs: Week of Feb. 26 | Regional …

The myth of mortgage down payment Did you know that the median down payment for first-time buyers has been 6 percent for three straight years? If you answered no to this question, you are not alone. According to the National Association of Realtors’ Aspiring Home Buyer Profile, 87 percent of non-homeowners indicated that a mortgage […]

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SVAR delegation joins real estate professionals from across Virginia …

Local contingency was among 600-plus Virginia Realtors® members who came together Feb. 8 at Capitol Square Contributed Report RICHMOND — More than two dozen Southside Virginia Association of Realtors® (SVAR) members joined forces recently with real estate professionals from across the commonwealth for the 2017 Realtor® Day on the Hill. The local contingency was among 600-plus Virginia […]

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GSE Preferred Shareholders Win Remand On Contract Claims

Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are two companies that are being stripped naked of their capital as part of a government plan to leave their existing non-governmental equity shareholders with nothing and put their non-governmental debt stakeholders at risk. The government’s stake in the equity via Treasury combined with their conservatorship control via […]

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Local real estate market sees positive upward trend

CAPITAL REGION, N.Y. Buyer demand is continuing on an upward trend for 2017 in the local real estate market, according to a report by the The Greater Capital Association of Realtors. Last month, pending residential sales for single-family homes rose seven percent to 816, from 762 in January 2016. Sales totals experienced a slow start […]

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Pending home sales rise more than expected

How this astronaut overcame failure and rejection to land his dream job

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US home sales climb in January to a 10-year high

The number of home sold across the country climbed in January to the highest level since February 2007 despite limited supply and rising prices. Deals on previously owned homes, which comprise the overwhelming majority of U.S. sales, hit a seasonally adjusted annual rate of 5.7 million in January, a 3.3 percent increase from December, according […]

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Fannie Mae will pay US $5.5B after reporting profit

Fannie Mae said it earned $5 billion in the fourth quarter, doubling its profits from a year earlier with a big boost from gains on derivatives the company uses to hedge risk. The profit means Fannie, which has been under U.S. control since 2008, will send a $5.5 billion dividend payment to the Treasury in […]

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Freddie Mac Prices $1.2 Billion Multifamily K-Deal, K-062 …

MCLEAN, VA, Feb 21, 2017 (Marketwired via COMTEX) — MCLEAN, VA–(Marketwired – Feb 21, 2017) – 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 $1.2 billion in K Certificates (K-062 Certificates), which are expected to settle on or […]

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