Posts Tagged Mortgages


NAR Endorses Flood Insurance Legislation Following … – RISMedia

The National Association of REALTORS® (NAR) is announcing its support for the 21st Century Flood Reform Act following improvements to the legislation, namely the preservation of a “grandfathering” provision that protects homeowners from rate increases when flood maps change. The legislation in prior drafts called for the elimination of the grandfathering provision in 2021, as […]

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Montgomery County real estate briefs: Week of July 23

Jessica Mendez joins Berkshire Hathaway Sue Walsh and Patrick Gallagher, co-sales leaders of Berkshire Hathaway HomeServices Fox Roach, Realtors Chestnut Hill office, welcome Jessica Mendez as a sales associate. She has been licensed since 2003 and has a background in finance. She resides in Philadelphia and serves the Greater Philadelphia area. Mendez can be contacted […]

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Local Realtors attend Washington meetings

On behalf of current and future home and property owners throughout the country, more than 9,600 Realtors traveled to Washington, D.C., May 15-20 to advance key real estate issues during the 2017 Realtor Legislative Meetings Trade Expo. Konnie Krahn-Prosence, chair of the Glenwood Springs Association of Realtors (GSAR) and broker associate with Vicki Lee Green […]

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Single Security Praised by Urban Institute – Mortgage News Daily

The single agency security toward which the GSEs, Fannie Mae and Freddie Mac and their regulator, the Federal Housing Finance Agency (FHFA), have been working for several years, is not yet operative, but it just got a round of applause.  Linda Goodman, Codirector of the Urban Institute’s (UI’s) Housing Finance Policy Center, and associates Bing […]

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Freddie Mac enters rental market to increase affordability

Freddie Mac announced it is gearing up to enter the rental market, however unlike Fannie Mae’s approach, Freddie will focus on affordable housing. Earlier this year, Fannie Mae upped its game in the multifamily sector with its agreement to backstop up to $1 billion in debt for Invitation Homes, the largest owner of single-family rental […]

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PACs helping Senate candidates

The three main rivals for a U.S. Senate seat from Indiana are collectingcampaign funds from some of the same sources. At least a dozen political action committees each contributed money to the campaigns of Sen. Joe Donnelly, D-Ind., and Reps. Luke Messer, R-6th, and Todd Rokita, R-4th,during the second quarter of this year. Neither Messer […]

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Amid US real estate buying binge by foreign investors, Florida remains first choice

Foreign investment in U.S. residential real estate recently skyrocketed to a new high with nearly half of all foreign sales happening in Florida, California and Texas. Related News/Archive New real estate website advances calculation of true cost of Florida home 6 Months Ago Lay of the land: radical transformations underway in Florida real estate 4 […]

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Freddie Mac follows Fannie Mae to rental market, with affordability as goal

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Freddie Mac Announces Pricing of $285 Million Multifamily Small Balance Loan Securitization

MCLEAN, VA, Jul 21, 2017 (Marketwired via COMTEX) — MCLEAN, VA–(Marketwired – Jul 21, 2017) – Freddie Mac (otcqb:FMCC) announces the pricing of the SB35 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee approximately $285 million in Multifamily […]

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Freddie Mac enters rental market to increase affordability | 2017-07 …

Freddie Mac announced it is gearing up to enter the rental market, however unlike Fannie Mae’s approach, Freddie will focus on affordable housing. Earlier this year, Fannie Mae upped its game in the multifamily sector with its agreement to backstop up to $1 billion in debt for Invitation Homes, the largest owner of single-family rental […]

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