Archive for September, 2017


BRIEF-Fannie Mae ‍announces enhanced Adjustable-Rate Mortgage loan ​

Sept 18 (Reuters) – Federal National Mortgage Association : * Announced a newly enhanced Hybrid Adjustable-Rate Mortgage loan aimed at serving small-loan multifamily borrowers​ * Fannie Mae’s Hybrid ARM is a fully amortizing loan with options for a fixed rate in first five, seven, or 10 years​ * Financing will be available for properties with […]

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Freddie Mac September 2017 Outlook

The FINANCIAL — Freddie Mac on September 21 released its monthly Outlook for September, which analyzes the trends that will drive the mortgage market in 2018. These trends include an increase in purchase mortgage volume, a cooling of refinance activity and continued strong house price growth. Outlook Highlights With 1.33 million housing starts expected in […]

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Freddie Mac: New home sales set to take over in 2018

Home sales are expected to increase slightly in 2018 as new home sales take over the market, according to Freddie Mac’s monthly Outlook for September. Freddie Mac expects housing starts to increase to 1.33 million in 2018, up from 1.22 million in 2017. In fact, the GSE predicted that new home sales will continue to increase […]

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Hurricane Season Takes Its Toll On Home Sales And Builder Optimism

Electrician Chris Piazza works on a home being built in Destrehan, La., in March. The recent enormous storms have hit the housing industry hard, with several signs turning negative. Gerald Herbert/AP hide caption toggle caption Gerald Herbert/AP Electrician Chris Piazza works on a home being built in Destrehan, La., in March. The recent enormous storms […]

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Realtors, Teachers Jump in Fight for $1.8 Trillion Tax Break

The National Association of Realtors and the American Federation of Teachers have joined a coalition to preserve a federal tax deduction for the state and local taxes that individuals pay, according to a Thursday release announcing the group. That coalition, Americans Against Double Taxation, also includes groups of state and local officials and is the […]

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Hackers Targeting Realtors, Homeowners With Email Scams

PHILADELPHIA (CBS) — Like most realtors, Kristina Soloviena emails clients all day long. But last year, unknown to her, hackers infiltrated her Gmail account, monitored the correspondence between her and her clients and waited for the perfect time to strike. “It was time to send the remainder of the down payment to close escrow,” Soloviena said. […]

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Fix for Mortgage Giants Fannie Mae, Freddie Mac Returns to Back Burner

Mortgage-finance giants Fannie Mae and Freddie Mac, which have been under government control since the financial crisis, don’t appear to be getting a new life as quickly as some had hoped might happen under a Trump presidency. Overhauling the two companies remains a back-burner issue for the Trump administration and Congress, crowded out by matters […]

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Mortgage and banking groups express concern over efforts to derail …

Fifteen mortgage and banking groups expressed concern that there are efforts to derail a comprehensive overhaul of mortgage giants Fannie Mae and Freddie Mac. The groups on Thursday wrote a letter to Treasury Secretary Steven MnuchinSteven Terner MnuchinOvernight Finance: CBO to release limited analysis of ObamaCare repeal bill | DOJ investigates Equifax stock sales | […]

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Playing Russian Roulette With The U.S. Housing Finance System

Can Stock Photo Forcing Fannie Mae and Freddie Mac into another bailout is an irresponsible game of chance. Last month, Mel Watt, director of the Federal Housing Finance Agency (FHFA), announced that the two mortgage giants, Fannie Mae and Freddie Mac, could require a federal bailout of as much as $100 billion in the event […]

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Freddie Mac September 2017 Outlook

CONTACT: Chad Wandler 703-903-2446Chad_Wandler@FreddieMac.com

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