Posts Tagged Mortgages


NAR Promotes New CEO

Bob Goldberg The National Association of Realtors named Bob Goldberg as its new CEO. Goldberg will succeed Dale Stinton, who is retiring after 36 years at NAR, 12 of which he served as CEO. Goldberg has been with NAR since 1995 and will be the 12th CEO for the association, which was founded in 1908.  […]

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Latest congressional plan would break Frannie into pieces

According to Bloomberg, Republican Bob Corker and Democrat Mark Warner are working on a bipartisan overhaul of Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) that would break up the mortgage players. Bloomberg’s source cautions that the plan is still under development, and no final decisions on the proposal have been made. One clear goal for […]

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BRIEF-Freddie Mac announces $500 mln reopening of 1.375% reference notes security due May 1, 2020

June 26 Federal Home Loan Mortgage Corp : * Freddie Mac announces $500 million reopening of 1.375% reference notes security due May 1, 2020 * ‍$500 million reopening of 1.375% reference notes security, CUSIP 3137EADR7, will be conducted via internet-based dutch auction​ * After reopening, outstanding size will be $3.5 billion Source text for Eikon: […]

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Freddie Mac Prices $500 Million Reopening of 1.375% Seven-Year Reference Notes Security

MCLEAN, VA, Jun 26, 2017 (Marketwired via COMTEX) — MCLEAN, VA–(Marketwired – Jun 26, 2017) –  Freddie Mac (otcqb:FMCC) announced today that it auctioned a $500 million reopening of its 1.375% seven-year USD Reference Notes® security that matures on May 1, 2020. The stop yield for the issue, CUSIP 3137EADR7, was 1.528%, priced at 99.575. The bid-to-cover […]

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71 Percent of Homeowners Believe It’s a Good Time to Sell; Economic and Financial Confidence Dips: Realtors …

WASHINGTON, June 26, 2017 /PRNewswire/ — Existing housing inventory has declined year over year each month for two straight years, but new consumer findings from the National Association of Realtors® offer hope that the growing number of homeowners who think now is a good time to sell will eventually lead to more listings. 2017 – Q2 […]

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Housing market heating up this summer

The Capital Region housing market is heating up heading into summer, according to a report by the Greater Capital Association of Realtors. The market rebounded in May after seeing pending sales, new listings and closed sales drop in April. May was better for buyers, as pending sales jumped 11 percent to 1,384 from May 2016, […]

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Why Bob Goldberg, NAR’s new CEO, has some convincing to do

Reposted with permission from Rob Hahn. In the middle of the afternoon on Friday, June 23 — a curious time to be releasing such major news — NAR announced that it had chosen NAR Senior VP Bob Goldberg to be the next CEO, replacing the retiring Dale Stinton. As you can imagine, I’ve had more than […]

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Home Appraisals | Fannie Mae | Freddie Mac – The Real Deal

The headquarters of Freddie Mac are seen October 21, 2010 in McLean, Virginia. (Photo by Win McNamee/Getty Images) Do we always need an appraiser to tell us what a house is worth? The two biggest sources of mortgage financing in the country — Freddie Mac and Fannie Mae — think not. With no formal public […]

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Freddie Mac completes $292 million sale of previously modified …

Freddie Mac announced Tuesday that it completed the previously announced sale of approximately $292 million in previously modified loans from its investment portfolio to Towd Point Master Funding. This sale included 1,262 seasoned re-performing loans and moderately delinquent loans that are currently serviced by Select Portfolio Servicing. The pool of loans is comprised of fixed- […]

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BRIEF-Freddie Mac prices $974 million multifamily K-deal, K-726

June 23 Federal Home Loan Mortgage Corp * Freddie Mac prices $974 million multifamily K-deal, K-726 * Expects to issue approximately $974 million in K-726 certificates, which are expected to settle on or about June 29, 2017 Source text for Eikon: Further company coverage:

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