Freddie Mac reported on Thursday that homeowners continue to hit barriers when looking to refinance their home, although it's not clear whether this is due to caution or because they have little equity left in their homes to do otherwise, or simply because they cannot qualify. We'd point toward all of...
Freddie Mac has released its April 2011 Economic Outlook . Below is a copy of the text. We have taken the liberty of calling attention to a few important points..... Cherry blossoms sprouting around the Washington, DC area were a sure sign that spring had arrived after a cold winter. As these flowers...
Freddie Mac released its financial reports for the first quarter of 2010 showing a net loss of 6.7 billion and announced that its Conservator, the Federal Housing Finance Agency (FHFA), will be asking the Department of the Treasury for a draw of $10.6 billion under the Senior Preferred Stock Purchase...
What a fascinating and tumultuous time is upon us! Both the housing and the mortgage market are convulsing wildly! There are so many facets to the "big picture" that I would never presume have all the answers, so the following disclaimer is in order: I am a mortgage broker and the following is my opinion...
Posted to
MND NewsWire
by
Glenn Setzer
on
Thu, Nov 1 2007
Filed under:
Filed under: housing bubble, home builders, home prices, Freddie Mac, adjustable rate mortgage, Fannie Mae, Conforming Loan, lending standards, mortgage lenders, home equity, underwriting, mortgage backed security, alternative loans, credit rating, real estate boom
The OFHEO House Price Index (HPI) usually doesn't get too much attention (except here where we regard it as the best, or at least the most interesting of the periodic housing indicators) but this time around people began anticipating it days before it was actually issued and there was speculation that...
The Office of the Chief Economist of Freddie Mac issued its monthly economic outlook for July on Monday and, in the narrative provided a helpful analysis of the reasons for the confusing messages emerging from various reports on current house prices. The outlook states the obvious; the housing market...
It's not exactly like waiting for Christmas or the first day of summer vacation, but we do look forward to the release of our favorite housing report each quarter; the Office of Federal Housing Enterprise Oversight (OFHEO) House Price Index . The HPI uses information from Freddie Mac and Fannie Mae ...